Diki Kapitalism: A business blog about Russia and Eastern Europe

Kremlin Slams Embarrassing Report Saying United Russia Lost Elections

By Ben Aris
The Kremlin said on March 13 that the author of a report that claims the ruling United Russia party actually lost the 2011 elections to the Communist Party of the Russian Federation thanks to fraud needs "psychiatric help."  

Return of the Snollygoster

By Ben Aris
There is a brilliant word that has oddly fallen out of use, especially given the way that our leaders have been running our countries in recent years. "Snollygoster" was coined in the freewheeling early days of American independence in the 19th century and means: "A shrewd person not guided by principles, especially a politician."

Corruption Watch: Putin Steps Up Anti-Corruption Investigation at RusHydro

By Ben Aris
Russian President Vladimir Putin ordered Interior Minister Vladimir Kolokoltsev to step up the investigations into graft allocations at the state-owned power utility RusHydro on Feb. 13.

1812 Revisited

By Ben Aris
200 years ago, Napoleon rode out of Moscow with what was left of the Grande Armée, having failed to crush the Russian army only to be famously defeated by the Russian winter.

Russia May Upset Experts' Consumer Growth Predictions

Russia May Upset Experts' Consumer Growth Predictions
By Ben Aris
HSBC just released a report that says emerging market punters will account for two-thirds of the world's shopping by 2050, dragging the global economic center of gravity into the east.

Putin Boosts Fund Capital in Investment Charm Offensive

By Ben Aris
The Kremlin has launched a charm offensive to pull in more foreign investment.

Central Bank Unexpectedly Hikes Interest Rates

By Ben Aris
The Central Bank unexpected hiked overnight interest rates by 0.25 percent to 8.25 percent to head off rising inflation, in a move that economists have criticized and fear may slow Russia's growth further.


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Author's Bio
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Ben is the editor/publisher of bne and an Eastern Europe specialist. He has worked as Moscow bureau chief for the Daily Telegraph, contributing editor at The Banker and Euromoney, acting Berlin bureau chief for the Guardian, and Russia correspondent for fashion magazine Face and other lighter publications.

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