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The Power Vertical Feed

In this space, I will regularly comment on events in Russia, repost content and tweets I find interesting and informative, and shamelessly promote myself (and others whose work I like). The traditional Power Vertical Blog remains for larger and more developed items. The Podcast, of course, will continue to appear every Friday. I hope you find the new Power Vertical Feed to be a useful resource and welcome your feedback.

I'm live-blogging Vladimir Putin's state-of-the-nation address to parliament and to key Russian political, religious, and other figures.

10:17 18.12.2014

Putin: Fine line between opposition and "fifth column"

Putin: My actions were aimed at consolidating society, not dividing it. Maybe I should be more careful in my public statement, but one cannot be too careful -- sometimes we have to call things what they are.

It's a fine line to define when the opposition ends and the 5th column starts.

10:18 18.12.2014

Putin on poetry:

Lermontov was in the opposition, but he was also a patriot.

10:19 18.12.2014

PUTIN ON CRUISE CONTROL NOW

10:21 18.12.2014

More on the "fifth column":

10:21 18.12.2014

10:21 18.12.2014

WHAT DO PUTIN AND MYROSLAVA PETSA OF UKRAINE'S CHANNEL 5 HAVE IN COMMON?

10:25 18.12.2014

LifeNews: Khodorkovsky promised not to take part in politics, but now he says he'll run for president (crowd laughs after Putin asks, "which country?")

Putin: Yes, Khodorkovsky asked for a pardon and said he wouldn't take part in politics. But this didn't affect my decision. It's his right to enter politics.

Putin says decision was made so he could see his sick mother.

10:27 18.12.2014

REUTERS ON THE RUBLE'S REACTION TO PUTIN

Ruble Weakens as Traders Hear No Major Measures in Putin's Speech

The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.

At 12:54, the ruble was about 3 percent weaker against the dollar at 62.04 after opening more than 1 percent higher. The ruble was also about 2 percent weaker versus the euro at 76.50 on the Moscow Exchange.

Traders said they saw no major measures from Putin so far to address the crisis that has seen the ruble collapse about 45 percent against the dollar so far this year amid slumping oil prices and Western sanctions over Ukraine.

They said market moves were exacerbated by thin liquidity and that small volumes were capable of moving the market by several percent, including trades not related to Putin's speech.

10:31 18.12.2014

Can Russia afford the World Cup?

The World Cup is a costly event, but unlike other countries that refuse to host such events, we still need to build up a sports infrastructure. We need our people to spend money not on vodka, but on exercise. You must create the culture of physical education. Then we will have a life expectancy not in the early 70s, but longer.

10:39 18.12.2014

Sobchak question on Chechnya:

Kadyrov said the laws of Russia don't function in Chechnya. He publicly said there will be some massacres of the relatives of people accused of terrorism without court decisions. What's your comment as guaranteeor of Constitution.

Putin Answer:

Here I can't have any other approach but one. Everyone in Russia must abide by existing laws. Second, I told you that life is more difficult, and I have to say from the practice of anti-terrorist division, as usual the relatives of the terrorists knew about it at least. That is the overwhelming majority of cases. Still that doesn't give anyone the right to make pre-court destruction. Law enforcement is now investigating who these people who burned down the houses were -- these people were wearing masks. The words of Kadyrov could have just been emotions. (his emotions were understandble because 14 police died)

But in the U.S. torture was legalized after 9/11. How can you explain that. Not only that, but a method has been developed.

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