Posts Tagged ‘business in russia’

Russia cuts electricity supply to Belarus

Published by Matthew Francis on June 29th, 2011 - in Business, Politics

Russia’s electricity exporter on Wednesday cut off power supplies to neighbouring Belarus over an unpaid bill of $43m, putting additional pressure on the regime of president Alexander Lukashenko.
Russia’s Inter RAO said that electricity exports had been halted as of midnight, and would not be resumed until the bill was paid. Russian electricity accounts for about 12 per cent of Belarus’s power usage.

This is something that Russia tends to do. Not only in relation to electricity, but also for oil and gas. It appears to be a way that Russia can keep prodding their neighbours with a stick. Just to let them know who is in conrtol.

Matthew’s Russia

Published by Matthew Francis on May 26th, 2011 - in Travel

Welcome to Matthew’s Russia! Here you will find a wealth of information and discussion about what is hot and what’s not concerning Russia & The Commonwealth of Independent States (CIS). Whether you’re doing business in Russia, living there or simply thinking of going there on holiday, you will find this site interesting.

Take part in any of the blogs, compete in the competitions or submit your own experiences either in writing or video. The choice is yours. I look forward to hearing from you and welcome any feedback on this site.

Ok, it’s time to explore!

© all content copyright Matthew Francis, www.matthewsrussia.com