Alexei Kudrin on Ukraine

[Mark Thibodeau]

Oil prices will go up. It's inevitable. If anyone can hang on, it's the
Russians.

Not that I have a dog in this fight. Aside from not wanting to see World
War III.

Jerky

On Tue, Dec 30, 2014 at 8:58 AM, alice malice <alicewmalice at gmail.com>
wrote:

> Some here claim that Putin has done a good job for the Russian people,
> that their standards of living have improved, but the irresponsible
> management of Russia's economy, too heavily dependent on energy
> revenue, has left her vulnerable to market risk, the price of oil, and
> the military escursions and the costs of these, including, now
> sanctions, hardly supports the argument that Putin is a man of the
> people. Moreover, his popularity will fade with the economy and the
> protests that he faced may return, though Putin has and probably will
> do everything to prevent them. Unfortunately, he can do little to
> fight off capital flight, a free fall in oil and the currency, so his
> everything will be more repression and violence against citizens.
>
>
> Alexei Kudrin, is the former deputy prime minister and may still have
> some influence on Putin. He has consistently called for economic
> reform, reforms that must also include independent courts and a legal
> system that guarantees property rights; competitive, free, and fair
> elections; a substantial, freely operating, and responsible political
> opposition as a permanent element of national politics; and state
> accountability to society.
>
>
>
>
> from a brief in Reuters today by Darya Korsunskaya and Elena Fabrichnaya
>
>
> n December 2008, oil fell during the global financial crisis to around
> $36 but even then Russia did not reinstate capital controls.
>
> "This crisis is more psychological, more emotional than those we have
> seen in the past. But in principle, the situation is not very
> different from 2008. We can always switch to measures we used in
> 2009," the source said, naming state guarantees and direct funding of
> troubled companies among possible measures.
>
> However, former finance minister Alexei Kudrin said the current crisis
> was different because of the sanctions. "To come out of the crisis,
> the government and the president should settle the conflict with
> leading powers, mainly Europe and the United States," he said last
> week.
>
> However, the top-level government source held out little hope for an
> easing of tensions with Washington. "Relations with the United States
> are frozen," he said. ($1 = 56.2950 roubles)
> -
> Pynchon-l / http://www.waste.org/mail/?list=pynchon-l
>
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