Berezovsky RIP

berezovsky-death

I will either return to the Kremlin on a white horse, or in a black limousine to the Mausoleum.

It is customary to say something nice about the recently deceased, so here goes… *ahem.* If not for Berezovsky, Putin probably wouldn’t be President.

UPDATE: As expected, the conspiracy theories have inevitably began to crawl out of the Internet’s woodwork. As one of my Facebook friends put it, my own radical conspiracy theory is that Berezovsky was rather old, depressed, and out of shape.

The “depressed” part, in particular, is backed up by this account of Berezovsky’s last interview at Russian Forbes, which is full of regrets about his life choices. This also supports Putin’s PR spokesman Peskov’s claim that Berezovsky had written to Putin to ask forgiveness and allow him to return to Russia without facing charges. My guess is that Putin simply didn’t answer him. Certainly no other response could have disturbed a man as narcissistic and beset by delusions of grandeur as Berezovsky the more.

UPDATE 3/25: Richard Behar: Did Boris Berezovsky Kill Himself? More Compelling, Did He Kill Forbes Editor Paul Klebnikov.

Translation: Oligarchs, A Comparative Analysis

In her weekly column for Novaya Gazeta, Russian journalist and writer Yulia Latynina compares the civic-mindedness of American and Russian oligarchs – and not to Russia’s favor.

The US

John Hopkins (1795-1873) – one of the richest men of the 19th century, trader and joint owner of railways – founded John Hopkins University (16th in the university ratings) and John Hopkins Hospital.

John Rockefeller (1839-1937) – head of Standard Oil, the richest person in history – founded the University of Chicago (10th in the world university ratings) in 1889. He also founded Rockefeller University and the Rockefeller Foundation.

Andrew Carnegie – founder of Carnegie Steel Company, the second richest person in the US after John Rockefeller – donated money for the creation of more than 2,500 libraries across the whole world. He founded the Carnegie Foundation and Carnegie Mellon University.

Anthony Drexel (1826 –1893) – American banker, partner of J.P. Morgan – founded Drexel University.

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Mark Adomanis Surprised Russians Don’t Hate Jews

From what I generally knew of contemporary Eastern European attitudes towards Jews (in two words “not good”) I expected that the Russian public’s attitude towards Israel would be decidely frosty, if not outright hostile… But what seems noteworthy to me is not the downward blip in 2006 but the generally high level of Russian support for Israel over the past 9 years and the generally small number of Russians who will outright say they relate poorly towards it (the balance being made up by people who said they have a hard time answering).Mark Adomanis.

There are several reasons as far as I can see, some of them obvious, some of them not so obvious because they are clouded over by noxious PC fumes.

* There are now simply a lot fewer Jews in Russia. There were 1.4mn in 1989 in the USSR, and 550,000 in the RSFSR; as of 2010, only 158,000. Jews typically occupy positions in the economy, culture, etc. out of all proportion to their population size. This is typically ascribed to conspiracies whereas in fact it is a simple function of their IQ’s which are about one S.D. above the white European average. This typically causes resentment in places where Jews settle with a few major exceptions like the Anglo-Saxon world. In fact much of Tsarist and Soviet “discrimination” against Jews was (in modern US terms) an affirmative action plan for the indigenous population.

* While Jews in the late Soviet era were heavily associated with dissidence, a function of their relative exclusion from mainstream politics, now they range all over the spectrum. While a majority are still probably more liberal than not you now have Jews like the TV games star and Stalinist blogger Anatoly Wasserman not to mention Zhirinovsky (aka Eidelstein) who is a half-Jew as well as the head of the biggest nationalist party.

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Names Of The Oligarchs On A Map Of The Motherland*

Not really arguing anything in this post, just sharing some interesting stats I found about the affluent class in Russia (as compared with BRIC’s and others).

First, as we know Russia is (in)famous for the opulence of it oligarchy. But according to the research firm Wealth-X, despite a relatively high number of billionaires, its overall share of Ultra High Net Worth Individuals (UHNW) is far more modest as you can see in the table below. As a percentage of GDP (caveat: this is comparing apples and oranges, but still instructive since national wealth is correlated to yearly output), the wealth of the Russian UHNW’s is equal to 43% of a 1.5tn GDP in 2010 (as compared with 28% in China, 43% in Brazil, 44% in the US, and 55% in India).

So, same picture as with income inequality – as I’ve noted before on this blog, Russia’s levels of inequality are in fact quite modest by world standards – with a Gini index of about 40, it is higher than most European countries (25-35) but lower than the US and China (45) and most Latin American countries (50+).

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Given Free Publicity On NTV, Khodorkovsky Only Incriminates Himself Further

Following the failure of Khodorkovsky’s appeal against his prison sentence for theft and money laundering, state-owned NTV aired a positive segment on his case on national prime time. Most sides of the story were mentioned: Amnesty International’s designation of him as a “prisoner of conscience”, the Kremlin’s view that it was only the criminal justice system at work, the allegations that the judge Viktor Danilkin was pressured into denying MBK’s appeal, etc. You can see the video below.

But I found only one thing noteworthy in particular. When asked in the May 29th program on what he thought about the reduction of his sentence by one year, Khodorkovsky replied: “I’m uninterested in the cosmetic tricks of the judicial bureaucrats. The statement that oil in Siberia has to be sold at Rotterdam prices is too bizarre to comment on.” Read between the lines. Of course it’s rational – as opposed to bizarre – to sell it to your offshore companies at low prices, thus robbing the Russian government of tax revenue, before selling it at world prices and profiting off the difference. That is essentially what he was convicted of and as I see it he so much as admitted it.

He also restated his conviction that his prosecution is politically motivated, thus going against a recent ruling of the European Court of Human Rights. That story was passed over quickly, as Western pundits continue shilling for Khodorkovsky for all they’re worth.