Many Russian oligarchs are heavily involved in and benefit from Russian PresidentVladimir Putin's regime, with some serving in political positions. For example, when Putin opened a new bridge to Crimea in 2018 — a regionRussia had annexedfrom Ukraine in 2014 — the bridge was built by his fr...
Russia’s multi-tentacled Wagner Group is not just sending mercenaries to Ukrainian. It’s also fighting the West with making slick propaganda films.
Yet companies doing business in Russia do so in a risky environment. The fraud and tax accusations that Khodorkovsky faces could lead to the confiscation of his assets, including his 42% stake in Yukos. Many of Russia's so-called business oligarchs could be accused of similar actions during...
VKontakte, often described as Russia’s Facebook, was “de facto nationalized” after its founder, Pavel Durov, was squeezed out of the company in 2014 and Kremlin-aligned oligarchs assumed control, says Enikolopov. After fleeing the country, Durov, who would later go on to create the messagi...
therapy did not produce favorable outcomes. Shock therapy was applied swiftly and on a large scale, as opposed to how it was applied in other nations. Almost all of Russia's industries were undervalued and sold to private individuals and companies, with most acquired by a few Russianoligarchs....
who implemented reforms to hand over certain government enterprises to the private sector. After the Soviet Union collapsed, there was mass privatization of previous government enterprises to a select portion of the populace in Russia, known asoligarchs, that dramatically increased inequality within the...
andejected several Russian banks from SWIFT(thus cutting them off from the global financial system). Assume there will be further sanctions; be proactive by screening third parties, including partners, foreign affiliates, and customers, for ties to Russia, Russia...
And it was massively surprising to many in Russia that launched this invasion. But then also on the allied side and say, wow, we have real partners that are going to stick it out. But when Zelensky went on, it was verified that that was live and that was him. ...
Why is the consumer considered king in a capitalist economy? (a) How did the administrative command system give rise to the shadow economy? (b) How did the shadow economy foster the rise of the oligarchs during Russia's transition to capitalism?
Bakalchuk figured that many women were in similar situations. “You can’t really go anywhere. You need to buy something, but you can’t buy it anywhere, so why not try selling it on the internet? Nobody was selling clothes online in Russia then.” ...