In October 2014, the Russian economy set a number of negative records. The ruble’s exchange rate against the U.S. dollar for the first time exceeded 40 and reached 52 against the euro, which forced the Central Bank to spend several billion dollars on intervention. Political analyst Tatiana Stanovaya analyzes the key risks currently facing Russia’s economy.
On October 6, Mikhail Khodorkovsky met with a group of Russian policy experts at the Council for Foreign Relations (CFR) in New York. CFR’s senior fellow for Russian and Eurasian studies Stephen Sestanovich moderated the discussion.
On October 6, a report by Kommersant journalist Vladimir Soloviev titled “Moldova: The Failing Champion of European Integration” was presented in London. The report was prepared with the support of the Institute of Modern Russia and the Legatum Institute and was first launched this July in Washington, DC.
At the end of September, the Russian State Duma passed several amendments to the law “On Mass Media.” Starting in 2016, the share of foreign capital in any Russian media company cannot exceed 20 percent. According to writer Alexander Podrabinek, this limitation might have an effect opposite to that intended, putting Russia’s foreign interests abroad at risk.
The sky-high public approval ratings of Vladimir Putin and his policies raise serious concerns about the future of the nonsystemic opposition in Russia. According to political analyst Tatiana Stanovaya, the more the Kremlin tightens the screws, the more opportunities there might appear for the opposition to increase strength.
On September 20, Mikhail Khodorkovsky launched his Open Russia project, and later that day he participated in a talk at a three-day festival held by French newspaper Le Monde in Paris in honor of its seventieth anniversary. Paris-based journalist Elena Servettaz here provides a selection of Khodorkovsky’s key statements.
The Ukraine crisis has caused a shift in the balance of power within the Russian political elite. The so-called siloviki, or hardliners, are strongly in ascendance, but not completely triumphant. Donald N. Jensen, resident fellow at the Center for Transatlantic Relations, reflects on Russia’s current political landscape.
In early September, Russia’s Supreme Arbitration Court was dissolved and the judicial matters previously under its authority were transferred to the jurisdiction of the Supreme Court. However, this reform uncovered various problems, the most pressing of which concerns personnel. IMR legal expert Ekaterina Mishina offers insight into yet another stage of Russian judicial reform.
On September 18, Scotland held an independence referendum that was accompanied by heated debates both inside and outside the country. According to writer Alexander Podrabinek, Scotland’s experience is relevant to Russia, since it shows that truly democratic countries can deal with issues of separatism without resorting to bloodshed.
At the end of September, the Institute of Modern Russia launched a series of guest lectures focusing on Russian politics and foreign relations. The first lecture was delivered at Shippensburg University of Pennsylvania.
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