... investment which previously was not required. As we know, more investment means more cost and greater end-consumer price. For Russia, this is especially a major issue as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore long-term contracts, especially if they are linked to oil. For instance, the Nord Stream project had a queue of 27 banks. For banks these deals are especially attractive ...
... contributor to both UK and international press, including International Herald Tribune, The Guardian and The Moscow Times.
*Interviewer: Igor Ossipov / Date: 30/04/2013
Crisis of Capitalism, Identity and Finance
In the last two years Europe has ... ... the Kremlin’s determination to preserve Russian’s “sphere of privileged interests” in the Caucasus and Central Asia are palpable. In the South and East of its vast country, Moscow acts more like a neo-imperial power. Like Beijing ...
Dr. Rico Isaacs is an expert in Central Asian politics and a senior lecturer in International Studies at the Oxford Brookes University. His research concerns the political sociology of Central Asia in particular the interaction between formal and informal politics, institutions and ...