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The Russian Federation

The Russian Federation. Economy and Politics. Russian Economy. Controlled by government directly or through oligarchs Commodities market Natural resources include- oil, gas, metals, coal, timber Recession particularly detrimental due to decline in price of commodities

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The Russian Federation

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  1. The Russian Federation Economy and Politics

  2. Russian Economy • Controlled by government directly or through oligarchs • Commodities market • Natural resources include- oil, gas, metals, coal, timber • Recession particularly detrimental due to decline in price of commodities • Indicative by RTS stock market index down 54%- 50 stocks

  3. Natural Gas Reserves

  4. Foreign business • Payless shoes under franchise with Alshaya • Stores to open in coming year • Gap/ Banana Republic franchise with Siba • 15% projected growth rate

  5. Recent News • AvtoVaz- Russia’s largest carmanufacturer lays off 27% of workforce due to decline in demand • Cut workers’ incomes and reduced working week • Owned in part by Renault

  6. Conflict with Georgia • Region of South Ossetia seceded from Georgia • Russia supported secession • New leadership in Georgia emphasized unification • Russian army invades Georgia • Medvedev has foreign authority yet appears as though Putin was directing war • http://www.nytimes.com/2008/08/09/world/europe/09georgia.html?_r=1&pagewanted=2

  7. Conflict With Georgia

  8. Current Events • PutinvsMedvedev • The Arctic Sea Incident • Missile-Defense System

  9. Putin vs. Medvedev • Medvedev has spent most of career loyal to Putin • Obtained office of president through loyalty • Continues to follow Putin’s doctrine • Putin has essentially declared that he will be running for president in 2012 instead of incumbent Medvedev • Medvedev is legally allowed a second term

  10. Putin Vs. Medvedev

  11. Arctic Sea Incident • MV Arctic Sea – Maltan cargo vessel with a Russian crew that was reported missing in late July • Boarded by hijackers off the coast of Sweden • Was rediscovered August 17th near the coast of Cape Verde • Reason for hijacking unknown, but widely circulated theory holds that Mossad hired Russian gangsters to hijack ship and prevent sale of anti-aircraft and cruise missiles to Iran

  12. Arctic Sea Incident

  13. Missile-Defense System • Obama canceled plans for missile-defense system in Eastern Europe • Seen by critics as capitulating to Russian threats • Redesigned system would not require land-based defenses until 2015 at least • Obama administration is careful to emphasize that no deals were made with Russia

  14. Missile-Defense System

  15. Fun Fact • Vladimir Putin likes to ride horses. Shirtless.

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