Ina Krudtrova

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What Russia's Failing Economy Means For Putin's Legacy And Military Ambitions

The WorldPost spoke with Sergey Aleksahenko, former deputy chairman of the Russian Central Bank.<p><i>Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. In this edition, we speak with Sergey Aleksashenko, former deputy chairman of the Central Bank of</i> …

Russia

Everyone's trying to score one of Russia's new warplanes

"The Su-30SME aircraft (the export version of the Su-30SM fighter jet) has been shown on the international market for the first time," a source in the defense and industrial sector told TASS, Russia's state-owned news agency.<p>The new aircraft will be equipped with Russian-made avionics unlike …

Geopolitics of oil takes new twist with Saudi-Russia deal

What are we to make of last week’s deal to freeze oil output between Saudi Arabia and Russia – the world’s two leading crude exporters? Is it significant and is the price of oil now likely to rise?<p>This agreement is remarkable in the sense that there typically isn’t much love lost between Riyadh and …

Oil

Russia invests $500 million in Venezuela's Orinoco before oil hits $200

Russian company Rosneft plans to invest $500 million in the development of oil fields in the Orinoco oil belt in Venezuela. The share of Rosneft in …

Oil