Russian one-company towns face decline
Moscow has launched a review of up to 400 single-industry towns, pondering how to restructure local enterprises, bring in new employers or, as a last resort, shut them down
Russia’s financial fallout
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Russia’s military intervention in Georgia sparked an exodus of foreign capital which together with a dearth of credit and a loss of Russian investor confidence has turned the mood in Moscow from over-confident to gloomy
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Medvedev calls for break with Soviet past
Russian president calls on country to refocus its economy away from energy and heavy industry towards information technology, telecommunications and space
Russia woos City to aid recovery
Alexei Kudrin, the Russian finance minister, travelled to London to woo investors ahead of Russia’s return to international debt markets for the first time in 10 years
Medvedev seeks to curb state companies
Russia’s president called for sweeping curbs on state corporations that control swathes of the economy, declaring that many should be closed
Russia looks to raise $18bn in bond sale
Russia is to launch its first international bond in a decade to bolster its public finances and take advantage of the surge in demand for emerging market debt
Doubt cast on Russian statistics
The outgoing head of Russia’s main statistical agency has warned that the objectivity of the data it publishes is threatened by political interference following a government shake-up in 2008
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Timeline: Russia’s market turmoil
The falls in 2008 are sharp and dramatic, but so far they are proportionally smaller compared with the falls 10 years ago following the Asian financial crisis. Our timeline charts the key moments of the recent turmoil and compares it to the previous crisis
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Smelt down
Russia: With steel output halved, much of the Ural industrial heartland is in need of a reshape – and while Kremlin policy to prop up plants saves jobs, it is storing up problems for the future
City folk go back to the soil
Increasing numbers of urban Russians are responding to the country’s economic crisis by turning to vegetable growing, joining seasoned gardeners who are increasing their output to feed their families and sell their surplus
Russia must re-focus with post-imperial eyes
The financial crisis has made the Russian elite aware that, for the first time, the country’s well-being depends on the well-being of the outside world and especially of America, writes Zbigniew Brzezinski
Editorial Comment: Rouble trouble
Russia intends to inject capital into the main banks to increase lending. That, with fiscal expansion, is the best way to address the rouble’s decline
Russian bond defaults
Investing with the state no longer seems low-risk after an aircraft leasing company became the first state-owned business to default since 1998
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