Russia, the world’s largest energy exporter, is becoming increasingly dependent on commodities and failing to prepare for falling oil output in 20 years, the European Bank for Reconstruction & Development said.
Vladimir Putin, who has stirred up unprecedented protest to his more than decade-long rule in Russia, was not far from the minds of some watching the Royal Shakespeare Company’s “Julius Caesar” in Moscow.
Nikolai Beshkarev, chief of the basketball office of the Soviet Sport Games Department, rarely traveled abroad with the national team. He made an exception to attend a pre-Olympic tournament from June 30 to July 2, 1972, in Munich for the Soviets and three other European squads.
China’s placement of a North Korean- educated economist and an exemplar of debt-fueled infrastructure on its ruling body may add to challenges for Communist Party leader Xi Jinping as he seeks to deepen the nation’s development.
Russian government reticence to discuss President Vladimir Putin’s health issues is adding to investor concern about the lack of transparency in a country that’s losing $80 billion a year in capital flight.
Igor Skibar describes his first car, a Soviet-era Lada purchased about 20 years ago, as a “nightmare.” He’s since moved on to a Volvo XC90 sport-utility vehicle, and this summer he bought a Land Rover Discovery 4 for about 2 million rubles ($62,400).