According to the U.N., estimated losses from infrastructure destruction in the Donbas region of Ukraine are $440 million since the armed conflict there started. Every day the debt is increasing, and the country is being pulled into economic and humanitarian disaster. It will take years until full recovery is possible. But until the fighting stops, it’s too early to talk about recovery.
Even though Russian gas giant Gazprom and its European partners don’t disclose the terms of gas import contracts, it is known that prices vary from country to country. We try to explain how these prices are set, and why there can be great differences in price even for neighboring countries.
The situation in Ukraine, and Europe’s desire to diversify its energy supplies and decrease Russia’s influence, might facilitate LNG and oil export talks in the U.S., according to experts.
Russia-China natural gas deal, signed in late May was interpreted by many as Russia’s attempt to make up for its shaky and deteriorating relationships with EU following the crisis in Ukraine.
You want to change the world through business. You live in Moscow. You have an unusual money-making idea that will also benefit society. Where do you go? Not long after launching their own entrepreneurial projects, three young Russian women and an Englishman found themselves asking the same question.
One of Russia’s few social enterprises is working to inspire kids to read by traveling the country in an old, book-filled bus.
With another generation of Russians and the international community becoming increasingly disillusioned with Russian democracy, a growing movement is pushing a novel solution: the right to vote online, led by Maxim Osovsky, a champion for “e-democracy”.
Moscow just hosted its very first social innovation conference. Held between Stalin’s gothic skyscrapers and the city’s brand new financial district, where they’re throwing up twisted glass towers three at-a-time, the organisers did well for symbolism.
A strange mix of developing and developed country, social entrepreneurship in Russia will be like nowhere else, and the efforts to create it are only just beginning. We are recruiting two reporters to report at the helm of this phenomenon by covering the first international conference on social innovation in Russia, called “Social Innovations Russia”.