The Financial Times has a series of articles on Russia that are worthwhile reading. The articles are as follows:
- Putin urged to liberalise Russian energy;
- Moscow under pressure on gas supplies;
- Europe’s energy musketeers must stand together; and
- Russia’s new swagger leaves west groping for right response.
A subscription to the Financial Times is likely required to read the articles.
The first article discusses Russia's electrical system and the need for more capital to modernize. The second article discusses how Europe wants Russia to liberalize the energy industry within Russia to provide greater energy security. The third article, written by Poland's Prime Minister, discusses how Europe and NATO must band together for an energy policy. And the fourth article discusses how Russia, with high energy prices, suddenly finds itself with more prominence and sway in the world.
As I have highlighted in the past, energy should be prominent on your radar screen. With Russia possessing a significant amount of the world's remaining fossil fuels, investors should understand Russia as much as possible.
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