InfoAnda - Analysis: The ins and outs of Russia's next government |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

FBI arrests three suspected LulzSec hackers: source | | 6 March 2012
South Africa's shebeens spruce up for World Cup | 8 June 2010
Cheney: Stop the 'dithering' as troops face danger | 22 October 2009

Iranian, Venezuelan leaders rebuff U.S., joke about bomb | | 10 January 2012

Forum Views () Forum Replies ()

Read more with google mobile : Analysis: The ins and outs of Russia's next government |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's Choice Our best photos from the last 24 hours. See more Images of April Follow Reuters Facebook Twitter RSS YouTube Read California medical pot crackdown hits upscale Santa Barbara 03 May 2012 U.S. hiring slows, raising worries on recovery 12:14pm EDT WRAPUP 4-U.S. hiring slows, raising worries on recovery 10:33am EDT Obama administration urges freer access to cellphone records 03 May 2012 Samsung unwraps latest Galaxy rival to iPhone 3:45am EDT Discussed 134 One in seven thinks end of world is coming: poll 114 Suicides have Greeks on edge before election 80 As America’s waistline expands, costs soar Watched Windy weather makes for dramatic plane landings in Spain Thu, Apr 26 2012 Hungry zoo lion faces off with unfazed toddler Thu, May 3 2012 Printable house presents new paradigm in eco-architecture Thu, May 3 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Tallest skyscrapers The tallest buildings in the world right now. Slideshow Mexican Lolita The so-called "Lolita" style has found its way to Mexico. Slideshow Analysis: The ins and outs of Russia's next government Tweet Share this Email Print Related News Russia's Medvedev seeks new lease of life as PM 7:45am EDT Hackers plan attack on Russian government sites 9:38am EDT Analysis & Opinion Essential reading: Corporate tax reform on back burner, states face more volatile revenue, and more Resolving Shirakawaâ€™s conundrum Related Topics World » Russia » Russian Prime Minister and President-elect Vladimir Putin (R) and Deputy Prime Minister Igor Sechin attend a meeting on the gas industry in Kirishi, a town near St Petersburg in Leningrad Region, March 23, 2012. Credit: Reuters/Aleksey Nikolsky/RIA Novosti/Pool By Douglas Busvine MOSCOW | Fri May 4, 2012 9:38am EDT MOSCOW (Reuters) - When Vladimir Putin stood for re-election to the presidency in 2004, he named a new government even before the vote. Now, days before he is sworn in as Kremlin chief for a third time, the shape of his next administration remains a mystery. Although outgoing President Dmitry Medvedev has been nominated by Putin to be prime minister in a job swap flagged as long ago as last September, it is not apparent that he will even rank as Russia's second most powerful man. That status may shift to Putin's energy tsar, Igor Sechin, who has strengthened his hand since the March 4 presidential election vote by masterminding two big exploration deals involving state oil firm Rosneft and launching sweeping energy tax reforms. Yet Sechin, ousted by Medvedev as Rosneft chairman last year, may not keep his formal job as deputy premier amid speculation that he could move to a security role in which he would report directly to Putin, a close friend for 20 years. "Elevations and falls from grace have become enmeshed in the hidden but acute rivalry between the two rulers, (and) clashes of interests between clans and ambitious newcomers," analyst Pavel Baev wrote in a commentary for the Jamestown Foundation. Russia's unresolved conflicts, from street protests over alleged electoral fraud to power struggles in the ruling 'nomenklatura', have entrenched the risk premium that investors demand to buy the country's financial assets. Promises by officials that the next government will act decisively to privatize state companies, strengthen the budget and fix a hole in the pensions system cut little ice with the financial community. "To be a strong Russia bull one must hold a sanguine outlook on the oil price and expect the next Russian government to initiate an ambitious reform package," said Peter Westin, chief economist at Moscow brokerage Aton. Westin, editor of a new book on Russia called 'In From The Cold', suggests however that rising prices for oil, the main export driver for the country's $1.9 trillion economy, will sap its leaders' will to reform. "It's a Catch-22 situation," he said. WATERSHED Although Putin's return to the Kremlin ends an unhappy four-year experiment with 'tandemocracy', as his double act with Medvedev came to be called, the return of one-man rule can hardly bring back the boom years of the early 2000s. The financial crash of 2008 and ensuing economic slump have slowed the speed limit of the economy, increased the state's reliance on energy revenues and allowed Kremlin capitalists to retake the economy's commanding heights. "Future historians will come to view the 2008 credit squeeze as the pivotal event of modern Russian economic history," hedge fund manager Steven Dashevsky wrote in Westin's book. "It was the last straw that broke Russian capitalism's back - if you can call a highly-leveraged mix of cronyism, corruption and backroom dealing capitalism, of course - and opened the gates for the state's successful final march on the economy." In another big deal struck during the two-month transition, billionaire Alisher Usmanov won control over MegaFon, positioning Russia's No.2 mobile phone firm to partner with the state in offering next-generation '4G' services. Banking sources say MegaFon's departing CEO, Sergei Soldatenkov, could become Russia's next telecoms minister in a move that, if it happens, would cement Usmanov's standing as Russia's richest and best-connected oligarch. Russian stocks trade at a forward price/earnings ratio of 5 - a discount of around 50 percent to emerging markets as a whole - and to close that gap will require action on reforms from the next government and not just words. "The legacy of 2008 looms large over the market," said Chris Weafer, chief strategist at Troika Dialog in Moscow. "People will want to see specific action taken, rather than pay for it in advance." SHADOW GOVERNMENT Russia's factional divisions between the "siloviki", or men of power, led by Sechin, and a liberal camp grouped around Medvedev, now spread beyond government following the ouster of hawkish Finance Minister Alexei Kudrin last autumn. Kudrin, who restored Russia to financial health from the devaluation and default of 1998, has launched a policy task force, already dubbed a "shadow government", that could position him to return to government should Medvedev stumble. But, for now, Kudrin's successor as finance minister, Anton Siluanov, is likely to keep his job, having notched up a successful $7 billion international sovereign debt placement in March. Medvedev's economic adviser, Arkady Dvorkovich, should land a senior economic role while Deputy Economy Minister Andrei Belousov may be promoted to cabinet rank, replacing Elvira Nabiullina, sources say. Natalya Komarova, governor of the oil region of Khanty-Mansiisk, has been linked to a cabinet job. But another Medvedev protege, ex-power sector boss Mikhail Abyzov, may be blocked by Sechin from taking a top energy role. First Deputy Prime Minister Igor Shuvalov, who has acknowledged his wife made millions of dollars in deals financed by Russian business oligarchs but says there was nothing illegal in this, may hang on despite speculation he could be shifted to a regional role in Russia's far east. Unpopular ministers from the old guard who could be on their way out include Interior Minister Rashid Nurgaliev, after botched police reforms and a series of scandals involving the deaths of people held in custody. But the last word will be that of Putin, who will be sworn in on Monday. Under the constitution, Medvedev would then have two weeks to form a government that could include the odd token figure from an opposition party, sources say. "Only one man, Putin, knows the shape of the next government. The other, Medvedev, makes suggestions, but they mostly get shot down," said one Kremlin-connected analyst. (Additional reporting by Gleb Bryanski, Writing by Douglas Busvine; editing by Ralph Boulton) World Russia Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 4 May 2012
Assad side kills four at Syrian university: protesters |
Greek conservative head makes last pitch to voters |
Prosecutors demand 80-year sentence for Charles Taylor |
Documents show tense al Qaeda-Iran relationship |
Blasts in Russia's Dagestan kill seven, wound dozens |
Russia says it could pre-emptively strike missile shield |
Facebook plans to raise up to $12 billion in mega IPO |
Third Point: Yahoo CEO faked educational record |
Google, authors go head to head over digital books |
Dolby signs pact with Microsoft; results beat Street |
Judge says Google's Android lost money in 2010 |
Texas Instruments not giving up on OMAP chip biz |
Amazon's Kindle Fire shipments slump in Q1: IDC |
Samsung unwraps latest Galaxy rival to iPhone |
Mick Jagger to host, perform on Saturday Night Live |
Hasbro CEO Goldner goes Hollywood to sell toys |
Broadcasters withdraw white spaces challenge |
Michael Jackson dances again on one billion Pepsi cans |
A Minute With: Scarlett Johansson and the Black Widow |
China says blind dissident can apply to study abroad |
Clinton says U.S. willing to work with North Korea if it reforms |
Japan switches off last nuclear power plant; will it cope? |
Sarkozy's chances fade two days before French runoff |
Suicide bomber kills 15 in northwest Pakistan |
Twin bomb attacks kill 12 in Russia's Dagestan |
Freed Israeli brother of Rabin gunman proud |
Iran holds run-off parliamentary election |
Argentina nationalizes oil company YPF |
Yahoo board to review CEO's education records |
EU's Almunia: no hurry with Google antitrust decision |
Facebook plans to raise $10.6 billion in mega IPO |
Samsung unwraps latest Galaxy rival to iPhone |
SK hynix drops bid for Japan's Elpida, shares jump |
Judge says Google's Android lost money in 2010 |
Lockheed wins contract to run U.S. cyber crime lab |
Mexico's Slim will cut phone fees to skip fine |
Skylar Laine gets the boot on American Idol |
Gotye aims to avoid being somebody we used to know |
Supermodel Evangelista: French billionaire wanted abortion |
Mick Jagger to host, perform on Saturday Night Live |
NATO: Russia talk of pre-emptive strike unjustified |
France drops sex harassment law, angers feminists |
Khamenei factions look set to dominate in Iran vote |
S. Sudan accuses Sudan of bombing in blow to talks |
Ukraine denies Tymoshenko beaten in jail |
UK demands Argentina apologize for Falklands ad |
Analysis: The ins and outs of Russia's next government |
Micron likely winner in bid for Japan's Elpida-NHK |
Facebook plans to raise $10.6 billion in mega IPO |
U.S. mobile industry faces spectrum, deal paralysis |
Nokia defends strategy to exasperated investors |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01