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Omicron arrives in Russia Members Public

The Omicron variant of the coronavirus finally reached Russia last week. The Saturday tally of new cases hit 57,212, almost doubling in six days and hitting a new pandemic record. However, the authorities remain anxious about attempting to curb the spread of the virus. * Compared with other countries, Russia’

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Bitcoin ban? Members Public

Hello! Our top story is the discussions about a cryptocurrency ban among Russian officials as the Central Bank comes out in support of tougher restrictions. We also look at market turbulence amid U.S.-Russia talks over Ukraine and rapidly rising coronavirus case numbers as the Omicron variant finally arrives

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Stalling US-Russia talks spook markets Members Public

High-stake diplomatic negotiations between Russia, the United States and the North Atlantic Treaty Organization (NATO) over security guarantees and Ukraine last week yielded no obvious results. Instead, for the first time, investors apparently began to believe war was a real possibility: an interview Thursday by Russian Deputy Foreign Minister Sergei

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Talks stall, fears rise Members Public

Hello! This week we’re focusing on just one news story: the high-stakes diplomatic negotiations between Russia, the United States and the North Atlantic Treaty Organization (NATO) over security guarantees and Ukraine. Apart from growing fears of war, there were no obvious results. Instead, for the first time, investors began

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Year in review: looking back at 2021 Members Public

The year 2021 was a seismic year for Russia as the Kremlin launched an unprecedented crackdown on the political opposition to President Vladimir Putin, talk of war escalated and inflation spiraled. In our review of 2021, we look at four main topics: domestic politics, foreign policy, the economy, and the

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Kremlin sees opportunity in Kazakh unrest Members Public

An outbreak of violence in Kazakhstan last week that has left dozens of protestors dead could dramatically shake-up the political situation in one of Russia’s most politically-important neighbors. Most experts said the unexpected flare-up of discontent was the result of weariness with the 32-year rule of Nursultan Nazarbayev. More

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Coronavirus restrictions divide Russian political elite Members Public

Despite stubbornly high COVID-19 death rates and the emergence of the Omicron variant, the Russian authorities remain unwilling to introduce unpopular restrictions. The government has proposed several new laws that would make life difficult for the unvaccinated, but it’s not clear if they will ever be passed. The wrangling

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Car dealership tycoon sells up amid criminal case Members Public

Former opposition deputy Sergei Petrov sold his Rolf car dealership to a competitor last Monday amid a long-running criminal case. The value of the deal (likely between $300 million and $500 million) was far less than the real value of Russia’s largest car dealership. * Rolf was sold to a

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