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Armenia-Azerbaijan ceasefire fails
RUSSIA / FSU POLITICS · In Brief · 28 Oct 2020

On October 28 both countries have accused each other of numerous ceasefire violations and killing dozens of civilians. Iran had sent more troops to its border with the two countries. The Iranians are officially neutral but lean towards Armenia.Azerbaijani military equipment is mostly a generation...

Russian interest rate kept at 4.25%
RUSSIA / FSU POLITICS · In Brief · 28 Oct 2020

On October 23 the Central Bank of Russia (CBR) announced they key rate is remaining steady. This was widely expected. Coronavirus, the US election and the possibility of sanctions all contributed to this.Inflation is 3.8% which is a rise. It will likely be 4% by the end of 2020 which is the CBR t...

New Russian property company launching on the stock market
RUSSIA / FSU POLITICS · In Brief · 27 Oct 2020

Samolet is a property development company that is about to launch on the Moscow Bourse.There are several public offerings there about to launch by the end of 2020. Samolet was founded in 2012 and has been one of the fastest growing companies this decade. The Samolet's IPO might value it at USD 86...

Russia to tighten abortion laws
RUSSIA / FSU POLITICS · In Brief · 27 Oct 2020

On October 27 Putin said that the government must do more to reduce the abortion rate. This is not primarily for moral reasons. Putin is worried about a declining population. Putin published a plan calling for medical and psychological support to persude women to continue their pregnancies. Prime...

Russia reintroduces coronavirus restrictions
RUSSIA / FSU POLITICS · In Brief · 27 Oct 2020

On October 26 Russia ordered people to wear masks on public transport, parking lots and elevators. The government recommends that bars and restaurants close by 11 but it is up to region whether or not to make this mandatory.Coronavirus is surging and hospitals are struggling. The government despe...

Turkey continues purchase of Russian missiles despite American objections
RUSSIA / FSU POLITICS · In Brief · 25 Oct 2020 · 1 response

On October 23 Turkey confirmed it was still purchasing - and now testing - Russian air defense S 400 systems. The US vigorously protested. Turkey is a NATO member. The Turkes insisted they have the right to buy Russian arms. The US threatened unspecified sanctions. The Turks are confident that NA...

Russia opening new defense office in Serbia
RUSSIA / FSU POLITICS · In Brief · 24 Oct 2020

On October 22 it was reported that Russia plans to open a military office in Serbia. Serbia is trying to join the EU but not NATO. Belgrade is amenable to the move but final approval has not yet been granted.Serbia was due to take part in Slavic Brotherhood military exercise in September 2020 alo...

Essential CIS Politics: October 2020
RUSSIA / FSU POLITICS · Report · 23 Oct 2020

* Russia: The economy is growing slowly but several worries remain. * Local semi-lockdowns in Russia have slowed the resurgence of the pandemic but there is no sense that full lockdown will be reintroduced. * Azerbaijan and Armenia fought for two weeks, and at least 400 peopl...

Russian car prices inflate by up to 15%
RUSSIA / FSU POLITICS · In Brief · 23 Oct 2020

On October 21 Kommersant published a survey showing that the fall in the RUB has caused car prices to rise between 3% and 15%. Imported cars went up most in price. BMWs, Audis, Volvos and Mercedeses all went up sharply. Lada prices are up 7% . 20% of all car sales are of Ladas.Carmakers do not wa...

EU and Britain sanction Russia
RUSSIA / FSU POLITICS · In Brief · 23 Oct 2020

On October 22 Brussels and London imposed sanctions on high ranking Russian intellligence officers because of alleged hacking of the Bundestag in 2015. Two men have been forbidden from entering the EU and had their assets frozen. The GRU (military intelligence) unit claimed to be behind the cyber...

Russia announces digital currency
RUSSIA / FSU POLITICS · In Brief · 22 Oct 2020

On October 21 the Central Bank of Russia (CBR) said that a digital ruble will be introduced. This will not be a cryptocurrency as these are outlawed in Russia.CBR thinks that the fast growth of fintech will need a kind of RUB that is more amenable to electronic transders. CBR is not going to set ...

Sberbank launching geoanalytics service
RUSSIA / FSU POLITICS · In Brief · 21 Oct 2020

The bank cum tech firm wants to make money out of its account holders' data. It will analyze data about transactions and the locations these happened at. They are using 2GIS' service. Sberbank bought 2GIS earlier in 2020.Sber will sell this info to companies so the companies know where to set up ...

Kazakh elections announced for January 10
RUSSIA / FSU POLITICS · In Brief · 21 Oct 2020

On October 21 the president announced parliamentary elections for 2021. The main party in the Majilis is Nur Otan (Light of the Fatherland). The Communist Party and Ak Zhol (White Path) are also in the Majilis. International observers said that all elections in Kazakhstan have been uncompetitive....

US indicts 6 Russian intelligence officers for cybercrime
RUSSIA / FSU POLITICS · In Brief · 19 Oct 2020

On October 19 the US formally charged 6 GRU officers with cyberattacks on the Ukrainian power grid, the Winter Olympics and the French elections. The officers are said to have carried out a NotPetya malware attack that impacted computers all over the world resulting in losses of over USD 1 billio...

US rejects Putin's proposal to extend START
RUSSIA / FSU POLITICS · In Brief · 18 Oct 2020

On October 16 the US government said that prolonging the START Treaty by 1 year is out of the question. Putin had suggested doing so while a long term replacement is negotiated. Putin had wanted there to be no freeze on nuclear warheads during the extension.The US suggested a one year extension b...

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