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Ending post-Soviet journey, Russia takes WTO seat

Moscow (AFP) — Russia on Wednesday crowned a tortuous 18-year journey from communist economic isolation by becoming the largest state outside the World Trade Organization to join the preeminent free trade club. Optimistic economists think the move will give Russia’s $2 trillion economy a serious boost and herald the end of an era marked by …

Daily News Egypt

BP hit with $3.1bn Russian court bill

Moscow (AFP) — A Siberian court on Friday piled more legal pressure on BP by ordering the British group to pay $3.1 billion in damages for its attempted Arctic oil exploration tie-up with the state giant Rosneft. A BP attorney immediately denounced the decision as a “corporate attack” that demonstrated the court’s subservience to the …

Daily News Egypt

Russia OKs historic WTO accession

Moscow (AFP)-Russia’s parliament on Tuesday voted to ratify WTO membership, a historic move which the government says will boost productivity but the opposition claims will bear a heavy social toll. The vote was the last major hurdle for Russia’s accession to the World Trade Organization as deputies from opposition parties presented a rare united front …

Daily News Egypt

Russian opposition enraged at smear documentary

By Maria Antonova / AFP Activists in Russia’s protest movement against Vladimir Putin on Friday furiously criticized a documentary aired on a national channel that claimed the opposition bribed people to attend rallies. The film, called “Anatomy of a Protest” aired late Thursday on NTV, one of Russia’s popular television channels, alleging the opposition handed out money …

DNE

How do changes in the Middle East threaten Russia?

By Elena Suponina A March 7 visit to Saudi Arabia was going to be Russian Foreign Minister Sergey Lavrov’s first foreign trip after the Russian presidential election. The purpose was to meet colleagues from the Arab Persian Gulf countries. Despite the date having been publicized, the trip ended up being postponed. What Lavrov was hoping to …

DNE

The age of authoritarian democracy

By Sergei Karaganov MOSCOW: The world is currently being shaken by tectonic changes almost too numerous to count: the ongoing economic crisis is accelerating the degradation of international governance and supranational institutions, and both are occurring alongside a massive shift of economic and political power to Asia. Less than a quarter-century after Francis Fukuyama declared “the …

DNE

Anti-Putin forces vow protests after mass arrests

By Dmitry Zaks / AFP MOSCOW: Russia’s opposition vowed to wage a campaign of civil disobedience Tuesday after police detained hundreds in rallies against Vladimir Putin’s crushing victory in polls. “Tens of thousands will be coming out on the streets of Moscow and other cities and refusing to leave,” popular blogger Alexei Navalny told reporters after …

DNE

Foreign observers: Serious problems in Russia vote

By Jim Heintz and Peter Leonard / AP MOSCOW: There were “serious problems” in the vote that returned Vladimir Putin to the Russian presidency, the head of the major international election observer mission said Monday, adding fuel to an opposition testing its strength with plans for a massive protest rally. Putin rolled to victory as expected …

DNE

Russia ‘thwarts plot’ to assassinate Putin

By Dmitry Zaks / AFP MOSCOW: Russia on Monday said its secret services had thwarted a plot hatched in a Ukrainian port city by men with links to Chechnya to assassinate Vladimir Putin after next weekend’s presidential election. Less than a week before polls in which Putin is widely expected to reclaim the Kremlin, state-controlled Channel …

DNE

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