The European Commission’s newly released White Paper on Energy outlines a strategy that calls for an increased, consolidated role for Brussels to resolve tensions on energy supply security.
Under Secretary Robert D. Hormats, co-chair of the U.S.-Russia Bilateral Presidential Commission's working group on innovation, discussed progress in the U.S.-Russia economic relationship following the G8 summit meeting in France between Presidents Obama and Medvedev.
Too often, debate on the relationship between Europe and Russia is driven by events—including elections, changes in leadership, and summits—which may provide important policy openings but do not always allow for thoughtful consideration of the long-term factors that shape the relationship.
While the European Union is keen to strengthen its relations with Ukraine, some member states are wary of the lack of democracy and the weak rule of law in the country.
A new report by Opora Rossii examines the strengths and weaknesses of Russia's national innovation system and outlines recommendations for fostering innovation in the country.
High oil prices and heightened safety concerns for nuclear energy in the aftermath of Japan’s crisis have put natural gas front and center in the energy picture.
In 2001, analysts at Goldman Sachs came up with the acronym BRIC (Brazil, Russia, India, and China) as a way to promote investment in emerging markets. But the acronym has taken on a new meaning since then, and the four countries have started using it to pursue their own political ambitions.
The IMF and other Western institutions played a marginal role in the Russian default of 1998. However, working with the IMF was instrumental in teaching Russian authorities how to think through problems more comprehensively.
In an increasingly globalized gas market, what happens in Europe will have broad implications for global energy markets and how gas markets evolve is also essential for energy security and meeting carbon emission targets.
Russia’s economy suffered one of the world’s steepest declines in gross domestic product in the wake of the global financial crisis. Two years later, Russia’s economic indicators still tell a grim story.