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New head of Russian anti-monopoly service
RUSSIA / FSU POLITICS · In Brief · 13 Nov 2020

On November 12 the head of the Federal Anti-Monopoly Service (FAS) was moved to be assistant to the prime minister. Artemyev had been en poste since its foundation in 2004. The new head of the FAS is Maxim Shaskolky who was the deputy governor of St Petersburg.The FAS's task was to create real co...

Russian coronavirus cases at a record
RUSSIA / FSU POLITICS · In Brief · 13 Nov 2020

On November 13 the number of new coronavirus cases in one day in Russia reached 22 000. Bars and nightclubs now have to stop allowing people in at 11 pm.Russia has the fifth highest number of coronavirus cases in the world. The daily death toll is 411 which is low in comparison to the caseload.Mo...

Calvey free from house arrest
RUSSIA / FSU POLITICS · In Brief · 13 Nov 2020

On November 12 Michael Calvey's house arrest was ended by the Russian Supreme Court. The American investor was arrested 18 months ago. He had been one of the major investors in the country for over 20 years. He founded Baring Vostok investment fund. Calvey and 5 others were charged with embezzlin...

Russia opening naval base in Sudan
RUSSIA / FSU POLITICS · In Brief · 12 Nov 2020

A draft agreement was published by Russian on November 11 showing that the country plans to open a nuclear warship base in Sudan. Four warships and a maximum of 300 personnel can be posted there. The deal has not yet been inked. It would allow Russia's munitions to be exempt from customs inspecti...

Armenian PM under severe pressure to resign
RUSSIA / FSU POLITICS · In Brief · 10 Nov 2020

On November 10 Armenia awoke to news of a ceasefire guaranteed by Russian troops. Armenia was occupying 13% of Azerbaijan in September. That is now down to 3%. Armenia has suffered a major defeat. Only Russian intervention prevented it from being a total rout. Furious protesters stormed the Armen...

Belarus expels 2 UK diplomats
RUSSIA / FSU POLITICS · In Brief · 10 Nov 2020

On November 9 Minsk kicked out British diplomats who had been observing demonstrations. Belarus said the Britons had been taking part in ''destructive activities''. The United Kingdom responded by declaring two Belarussian diplomats personae non gratae.

Russian peacekeepers to enforce ceasefire between Armenia and Azerbaijan
RUSSIA / FSU POLITICS · In Brief · 10 Nov 2020

At 01:00 local time on November 10 Azerbaijan and Armenia signed an immediate ceasefire brokered by Russia. The current frontline is the ceasefire line therefore Azerabaijan shall retain land gained since September 27.2000 Russian peacekeepers will go to Nagorno Karabakh and be deployed for 5 yea...

Moscow stock market jumps
RUSSIA / FSU POLITICS · In Brief · 10 Nov 2020

On November 9 shares on the Russian Bourse jumped as did the RUB. That is due to good news about a coroanvirus vaccine. Pfizer and BioNTech said their vaccine is in Phase 3 trials and it is 90% effective. A heartening report was published. The RUB leapt 2% against the USD and reached 76. That is ...

Azerbaijanis claim major victory over Armenia
RUSSIA / FSU POLITICS · In Brief · 08 Nov 2020

On November 8 Azerbaijan boasted that it has retaken a town that it has not held since 1991. It is in the disputed Nagorno-Karabakh Region. The Armenians call the town Shushi. Armenia says there is a battle ongoing on the town but that the Azerbaijanis have not taken it. Armenia admits that at le...

EU sanctions on Lukashenka
RUSSIA / FSU POLITICS · In Brief · 07 Nov 2020

On November 5 the EU imposed sanctions on the President of Belarus and his eldest son Viktar as well as 13 senior officials in Belarus. Viktat Lukashenka is the national security adviser. The reason given was for violence and electoral fraud. The people on the list have had their assets frozen an...

New Ukraine peace plan
RUSSIA / FSU POLITICS · In Brief · 06 Nov 2020

On November 5 the head of the Ukrainian delegation to the Trilateral Contact Group (TCG) produced a new peace proposal. The aim is to stage local elections in Donbass and Luhansk in March 2021. There are 5 steps in the plan: the withdrawal of foreign fighters, repealing the law offering Russian c...

Fighting heats up between Armenia and Azerbaijan
RUSSIA / FSU POLITICS · In Brief · 06 Nov 2020

On November 6 the conflict returned to intensity. The Azerbaijanis shelled Stepankert which is the main city of the disputed Nagorno-Karabakh Region. The Armenians reported 3 civilian deaths. The Azerbaijanis claimed that Armenia had shelled civilians in the town of Tatar. The Azerbaijanis, with ...

Russian economy slows
RUSSIA / FSU POLITICS · In Brief · 05 Nov 2020

On November 5 the IHS Markit report revealed a large drop in the purchasing managers' index (PMI). The PMI for services fell from 53.7 to 46.9 in October 2020. That is the steepest fall since May 2020. The PMI is highly respected as an economic weathervane. A PMI under 50 means contraction. An un...

Russian stock market climbing
RUSSIA / FSU POLITICS · In Brief · 05 Nov 2020

On November 5 the Moscow Bourse rose as it followed on the coattails of a global equities rise. It rallied even amid the US presidential nailbiter. The MOEX Index rose 1.4% in the first minutes of trading. It recouped the value it lost last week when there was a large sell off. The RTS Index (USD...

Russian consumer spending down
RUSSIA / FSU POLITICS · In Brief · 04 Nov 2020

Russian shoppers spent less in early October 2020 than in any month since late May 2020. The second wave has scared people off main street. Economic woes have also slowed online shopping. Spending was down 11% Y o Y in the first week of October according to the Sberindex. Spending in bars and res...

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