Thursday, February 26, 2015

Ukraine’s economy - The day of reckoning


http://www.economist.com/news/finance-and-economics/21645242-wests-inadequate-support-ukraine-being-brutally-exposed-day

Default would be embarrassing for the government, but things cannot get much worse for ordinary Ukrainians. By the end of the year they are likely to be a third poorer than when the Soviet Union collapsed. Inflation is 29% and will get much higher thanks to the hryvnia’s slump. To tame inflation and support the currency, interest rates, already 20%, will rise further. That will make it more difficult to repay loans. Added to all that is government austerity, on which the IMF is insisting. By 2017 domestic gas prices will have increased to five times the level of 2013. The government is freezing pensions. With such high inflation, that amounts to a substantial cut. Even if the war stopped tomorrow, there would be a lot more pain to come.

Thursday, February 19, 2015

What I learned from watching a week of Russian TV

http://www.nytimes.com/2015/02/22/magazine/out-of-my-mouth-comes-unimpeachable-manly-truth.html?_r=1


With the exception of fishing, soccer and the Orthodox Church, few things are taken more seriously in Russia than Eurovision. Indeed, much of the sequined musical fare on Russian television looks like an endless Eurovision rehearsal.

https://m.youtube.com/watch?v=r2TilNclT8k

Sunday, February 15, 2015

Thursday, February 12, 2015

Sanctions against Russia - The Economist

http://www.economist.com/news/business/21643122-how-businesses-linked-blacklisted-oligarchs-avoid-western-sanctions-fancy-footwork


But this approach increases uncertainty for Western companies that do business (or are considering transactions) with such firms. Faced with this, many have felt obliged to hire investigators like those who looked into Sogaz’s affairs. This is costly, and even seasoned sleuths are often unable to give firm assurances about ownership and control, given Russian business’s widespread use of offshore jurisdictions

Saturday, February 7, 2015

Vladimir Putin and his tsar quality - FT

http://www.ft.com/intl/cms/s/0/48b6a350-ad29-11e4-bfcf-00144feab7de.html

Putin Russia Today
Peter Pomerantsev helps explain this phenomenon in Nothing is True and Everything is Possible, his mesmerising account of the nine years he spent in Russia as a television producer. During that time, Pomerantsev recorded some remarkable human stories about life in modern Russia as well as observing first-hand the brilliant but cynical way that state television cast its spells over the population. The goal, as he put it, was to “synthesise Soviet control with Western entertainment”, turning Russia into a country of canned laughter.

At the heart of this kaleidoscopic world stands Vladislav Surkov, the then Kremlin official hailed as one of the ideologues of “managed democracy”, who directs Russian society as if it were one giant reality show. The mercurial Surkov has helped create a “postmodern dictatorship that uses the language and institutions of democratic capitalism for authoritarian ends”.
The brilliance of this new system, Pomerantsev argues, is that it climbs inside all ideologies and movements and renders them absurd, making it impossible to know what to believe. “The Kremlin has finally mastered the art of fusing reality TV and authoritarianism to keep the great 140m-strong population entertained, distracted, constantly exposed to geopolitical nightmares that if repeated enough times can become infectious.

Wednesday, February 4, 2015

How Russian TV uses psychology over Ukraine

http://www.bbc.co.uk/monitoring/how-russian-tv-uses-psychology-over-ukraine


In a lecture last summer, Professor Valeriy Solovey of the Russian Foreign Ministry university MGIMO examined the techniques of media manipulation used by Russian state TV in its coverage of the tumultuous events that led to the overthrow of Ukrainian President Viktor Yanukovych last February.


He described how fast-moving images of fire, violence and frightened people shown over "alarming music" were used to create in viewers an extremely negative impression of what was taking place.
This is a classic example of neurolinguistic programming, said Solovey, and is designed to send people into a "trance-like state" where their critical faculties are depressed and the subconscious is open to suggestion.