Read About Russia and Nothing but Russia!

Poster downtown Moscow!

Hello,

Bored? Well read this……

Geography: Russia is the largest country in the world, covering 17.1 million square kilometer. Extending nearly halfway around the northern hemisphere and covering much of eastern and north-eastern Europe as well as the whole of northern Asia, Russia has a maximum east-west extent, along the Arctic Circle, of some 7,700 kilometers and a north-south width of 2,011 to 2,976 kilometers. Russia has an enormous variety of landforms and landscapes. Arctic deserts lie in the extreme north, giving way southward to the tundra and then to the forest zones, which cover about half of the country and give it much of its character. South of the forest zone lies the wooded steppe and steppe, beyond which are small sections of semi-desert along the northern shore of the Caspian Sea. Much of the federation lies in latitudes where the winter cold is intense and there are many rivers, lakes, and swamps, which are freeze in winter.

Climate: Owing to its vast size and the fact that most of Russian’s territory is far removed from any ocean, the climate throughout the country is extremely continental, with distinct periods of warm and cold weather. The continentality of Russia’s climate increases as one travels east, with average temperature differences between the warmest (July) and coldest (January) periods in Eastern Siberia, for example, varying as much as 65 degrees Celsius (117 degrees Fahrenheit). There is, however, much variation in climate based on latitude and physical geography. Temperatures for Moscow and St. Petersburg range from highs of 32 C in the summer to low – 25 C in winter

Population: Of a population of about 145.5 million, nearly 80% are concentrated in Western Russia. Moscow, the largest city in Europe, has a population of 11 million people, and St. Petersburg (former Leningrad) has 5 million inhabitants. Around two-thirds of the population now live in cities. The population size is currently on the decline. Pensioners constitute 23% of the population and the average family size is three people. The average life expectancy rate is much lower than that of other developed countries.

Language: Russian is the country’s official language. It uses the Cyrillic alphabet (rather than the Latin one used by most Western countries), and contains 33 letters. However, the 120 or so nationalities of the Commonwealth of Independent States speak about 48 other languages. Those of Slavic origin (i.e. Russians, Ukrainians and Belorussians) account for approximately 75% of the total population. In Moscow or St Petersburg it is not uncommon to find Russians who speak European languages, especially English.

Living Standards: The Soviet system provided accommodation with very low rents, free social services, subsidized vacations, assisted factory canteens, shops and sports facilities. Few of these remain. Prior to price liberalization, food, drink, cigarettes, public transport and utilities were also very cheap.

Today the recent reforms have forced a significant share of the population (especially pensioners) below the poverty line as inflation has outstripped increases in state benefits. There is a developing middle/commercial class involved in legitimate business. Only a very small proportion have become extremely wealthy, commonly known as ‘novye Russkie.’

Culture & Social Life: Theater, cinema, music and arts are important parts of Russian life; as with other countries funding has fallen for these, and private sponsorship is emerging. Features of Russian culture, which are at the highest of international standards, include the Bolshoi Theater, Pushkin Art Gallery in Moscow and Mariinsky (Kirov) Theater and the Hermitage in St. Petersburg. Russians also spend a considerable amount of their leisure time at the homes of friends and relatives – they place much importance on friendship and family. Consequently anniversaries and birthdays are celebrated with more gusto than expatriates may be used to at home.

Religion: Russian Orthodoxy is the main religion in Russian, followed to a lesser extent by Islam, Catholicism, Protestantism and Judaism. Religion has become more popular in Russia over the last few years as the Russian Orthodox Church has received official encouragement through the return of property confiscated during the Soviet period. The rebuilding of Christ the Saviour Cathedral (in Moscow) is symbolic of the restoration of the right to practice a religion in Russia, and this development has evoked much emotion amongst Russian (and foreign) people alike.

Ethnic diversity: The territory of Russia is home to more than 100 different ethnic groups representing a multiplicity of national histories and cultures and many distinct language groups, including Indo-European Slavic, Turkic, Finno-Ugric and others. The vast majority of the population – over four fifths – consists of ethnic Russians with another four percent consisting of Ukrainians and Belarussians.

International time: Moscow and St. Petersburg are three hours ahead of London time and eight hours ahead of New York time. Vladivostok is seven hours ahead of Moscow. Travel time to Moscow is about 3 hours and 35 minutes by air from London or Paris, 9 hours from New York, and 10 hours and 25 minutes from Tokyo.

Now that was exciting?

Kyle & Svet

comments always welcome.

Russia: Santa Time Again!

Hello,

I was just drinking my morning cup of coffee and trying to decide what to do. So I started to read the Moscow Times and realized that the ads in the paper were all about Christmas. Or better yet Russian Christmas with Father Frost and his Grand Daughter.Last year we ran several posts about the Russian Christmas time and Santa Clause. (Link) (Link) (Link) (Link) (Link)

Seems like I just read that Christmas (Western Version) is about 40 days away!

Get this widget!

So we put this countdown to Christmas just so everyone can be reminded how soon Christmas is coming.

Kyle & Svet

comments always welcome.

Russian News: November 14th, 2008!

Hot News!RBC, 14.11.2008, Moscow 13:43:59.State Duma deputies have approved in the first reading amendments to the Constitution on the extension of the terms of the president and the lower chamber of parliament. The changes were easily passed by 388 deputies voting for it and 58 against.

RBC, 14.11.2008, Moscow 12:51:37.Russia is expected to see the creation of a new consultative body to unite the majority of Russia’s television market participants prior to the general transfer to digital broadcasts. The new alliance is most likely to be known as Digital Alliance of Russia and headed by Russian Communications and Mass Media Minister Igor Shchegolev. Eduard Sagalaev, president of the National Association of TV and Radio Broadcasters (NAT), made a statement to this effect today. He pointed out that the alliance would become a place for its members to meet and discuss the development of digital television and radio in Russia. Cable operators, broadcasters, telecommunications operators, producers of television equipment and other market participants are all expected to join the alliance, Sagalaev noted.

RBC, 14.11.2008, Moscow 12:28:47.Russia and Belarus have agreed on switching to rubles in settlements for oil and gas, Belarusian Deputy Prime Minister Andrei Kobyakov announced following the signing of a memorandum of understanding between the governments of Russia and Belarus on coordinating measures to increase their national economies’ competitiveness. According to Kobyakov, such a transition will be one of the key items in the joint action plan to be prepared by early February 2009. “This will be our contribution to giving the ruble the status of a regional reserve currency,” the official said.

RBC, 14.11.2008, Moscow 11:56:19.The net profit of GAZ Group under IFRS dropped 14.5 percent to RUB 2.821bn (approx. USD 102m) in the first half of 2008 compared to the same period a year earlier, the company’s unaudited financial statement reads.

RBC, 14.11.2008, Moscow 11:47:14.President of Russia Dmitry Medvedev will take part in the Russia-EU summit in Nice, France. The EU will be represented by President of France Nicolas Sarkozy, currently holding the EU’s rotating presidency and President of the European Commission Jose Manuel Barroso as well as Javier Solana, secretary general of the Council of the European Union and high representative for the common foreign and security policy.

RBC, 14.11.2008, Moscow 10:38:57.The consolidated net profit of Razgulay Group under IFRS nearly doubled in the first half of 2008 and reached RUB 736m (approx. USD 26.60m), the Russian agricultural holding indicated in its financial statement today. Revenue surged 35 percent to RUB 11.476bn (approx. USD 415m) in January-June 2008 compared to the same period of the previous year. At the same time, gross profit stood at RUB 2.854bn (approx. USD 103m), having increased 85 percent. Pretax profit rose 2.6 times to RUB 1.439bn (approx. USD 52m).

RBC, 14.11.2008, Moscow 10:25:22.Russia and Belarus signed a memorandum on understanding in which they vowed to coordinate measures to raise the competitive edge of their respective national economies. Under the memorandum signed by Deputy Prime Ministers Alexei Kudrin of Russia and Andrei Kobyakov of Belarus, Russia will grant its partner a loan of $2bn in 2008-2009 for a period of 15 years at the interest rate of LIBOR plus 3 percent. In addition, the parties converged on the first tranche of the loan ($1bn) to be extended within a few days. A respective agreement on the second tranche will be signed as soon as the parties hammer out a joint action plan to improve their competitiveness – tentatively, by the beginning of February 2009. The payment itself is to be made before February 28, 2009.

RBC, 14.11.2008, Moscow 09:58:45.Russia’s full-year inflation is set to reach 13.5 percent in 2008. The estimate voiced yesterday by Russia’s Deputy Prime Minister Alexander Zhukov suggests that the inflation growth rate has been slowing down. Zhukov believes the rate is likely to be below 14 percent.

RBC, 13.11.2008, Cannes 19:43:12.The global economy’s overall losses from the financial crisis amount to $1.5 trillion, Russian President Dmitry Medvedev told the 10th round table meeting of Russia-EU industrialists in Cannes, France, on Thursday. Such serious consequences of the financial crisis call for giving serious consideration to the idea of reforming the global financial system, specifically its main institutions: the International Monetary Fund and the World Bank, the Russian leader believes. He also indicated that Russia was set to pass a package of bills by the end of 2008 to establish an international financial hub in the country.

RBC, 13.11.2008, Moscow 13:53:04.Russia’s federal budget cash surplus stood at RUB 2.75 trillion (approx. USD 100.11bn) in January-October 2008, according to a preliminary budget performance estimate drafted by Russia’s Finance Ministry. Primary surplus ran up to RUB 2,885.5bn (approx. USD 105.04bn).

Russia: Start of Medvedev’s, Rubles as a International Currency!

Belarus Finance Minister Andrei Kharkovets signed the so-called currency capitulation in Moscow yesterday. Belarus gets a new intergovernmental loan of $2 billion for 2008 and 2009 by agreeing to pay for Russia’s oil and gas supplies in rubles starting from 2009. From now on, stability of Belarus economy will depend on Russia’s ruble stability and the country will have to amass ruble reserves.

http://www.kommersant.com/page.asp?id=1059051