So we have started losing them. A lot of them - all over the world. Three GLONASS satellites were lost on 5 December. A Geo-IK-2 geodetic military satellite was lost on 1 February. The Express-AM4 space satellite was lost on 18 August. On 24 August, the M-12M Progress met with an accident while being launched by the Soyuz-U booster rocket and was destroyed...

The traditional Prime Minister’s farewell speech delivered to the state Duma by Vladimir Putin was for the most part, boring with one major exception. He listed various programs, projects and promises, but never once indicated that they are only feasible if oil prices continue to rise year on year. The problem is that Russia’s economic dependence on the oil trade is not just important, it is critical

The next summit of the Asia Pacific Economic Cooperation (APEC) will take place in Honolulu in the US, and the following one in 2012 will be held in Vladivostok, the capital of the Primorye (Maritime) Province. Only three years ago, the...

Sergei Polonsky declared a hunger strike stemming from the raid on the Kutuzovsky Mile development project, and it has become a bottomless pit of Internet folklore. He brought a wealth of attention to himself by swearing profusely, lying under the wheels of a truck and demanding that “Arkady” come...

Part 1. The Transaction I met Marina Marlenovna, director of an auditing company intriguingly named Narnia, at the Sverdlovsk Province Arbitration Court, during a recess. I told her, “Your statement sounded like an Italian opera aria – I...

Assuming that the tour lasted for two weeks and that the campaigners took two flights a day, spending about four hours in the air, while for the rest of the day the jet was stationed in a heated hangar, the expenditures would total 13.5 million roubles. And this amount includes the jet costs only. There’s no doubt that the total cost of the tour was much higher. Where did the money come from?

Russian President Dmitry Medvedev has given his reading of the ways of overcoming the financial crisis. The President has called Europe to making a new global order where the role by the US would be reduced. Right at the moment when the...

The Federal Service for Environmental, Technological, and Nuclear Oversight (Rostekhnadzor) has confirmed that construction of the Boguchanskaya Hydro Power Plant violates existing laws. The key complaint against Russia’s largest...

The western establishment, including business circles, counted to see a liberal kind of president in Medvedev, and initially he did not disappoint them. However, after he signed the decree about recognition of Abkhazia and the South...

In its previous issue Novaya Gazeta told that one of the most noticeable events of the last pre-election week was presentation of the economic report prepared by a collective of authors from the Russian Academy of Sciences (RAS). The...

The questions of seats arrangement in the new cabinet of Vladimir Putin or distribution of powers between Prime Minister’s apparatus and President’s Administration, and even the question of which posts Dmitry Medvedev will be able to fill...

Post-industrial economy presupposes that capital is formed more and more not in the production field but services sector. The domestic economy, at least its post-oligarchic part, is following the world tendencies. Post-oligarchs differ...

The term “Russian economic wonder” failed to become current. There have been Japanese wonder and Chinese wonder while the Russian wonder seems not to be noticed. It might seem strange considering that our statistic indicators look very...

When experts say that Russia is a corporate state they give metaphoric subtext to this expression. However, the metaphor has been getting the real shape of concrete bodies with original organizational-judicial form, huge budgets and...

It’s been 15 years that International aerospace show MAKS is held in the City of Zhukovsky every two years. It has always aroused indignation of people acquainted with organization of such shows of aircraft and weapons in other countries....