Category business

Banking Non-Crisis

The Wall Street Journal apparently has a piece on the recent “banking crisis” in Russia, pointing out it is an opportunity for major international banks to finally get a juicy share of the Russian market. Not that it’s a true…

From Dubai to Nizhnekamsk

Tim Newman of We the Undersigned has published an account of his visit to Russia — of all places, to Moscow and Nizhnekamsk. I enjoyed reading it so much that I recommend Tim’s travel notes without reservation; I have a…

The people are silent

A while ago, Mike Pechar asked me to comment on the mood of common Russians regarding the YUKOS-Khodorkovsky affair. When I do not reply to a request like that, it surely means I cannot do it right away and need…

Paging Sancta Hypocrisis

I went to a birthday dinner party at an upscale Moscow restaurant last night. Most guests were rich by Russian standards; some were rich by any measure. A few seats from me, there sat one bearded gentleman in his late…

Labor mobility

Passing by a construction site in the US and seeing mostly Mexican-looking workers — presumably recent immigrants — I used to wonder what kepts native-born Americans away from construction jobs. I came up with three obvious choices. Perhaps Mexicans are…