(Update) Putin Industries

Published



(“Shell is being forced by the Russian government to hand over its controlling stake in the world’s biggest liquefied gas project,” the Guardian reports, provoking fresh fears about the Kremlin’s willingness to use the country’s growing strength in natural resources as a political weapon.” The Times has more here.) BusinessWeek has an interesting piece this week on the Russian economy and the growth of direct foreign investment in Russia since 2002. With high oil prices, the Russian economy has been humming along, but so has the Kremlin’s appetite for gobbling up private companies.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.