Letter from Moscow: Changing of the guard
Five new technocrat ministers suggest the new PM has a refreshing focus on competence
The Russian government saw its second reshuffle of the year in early November, including veteran energy minister Alexander Novak relinquishing his post after eight years. Five new faces hail from either state companies involved in the industries they will now oversee or relevant government departments. While Prime Minister Mikhail Mishustin is consolidating his power, he is also bringing together technocrats he believes can deliver on Russia’s ambitious domestic policy goals. A cornerstone of President Vladimir Putin’s 2018 re-election campaign was a $400bn state spending plan, covering investments in a range of areas from health and education to infrastructure. This National Projects progr
Also in this section
11 April 2025
The Gulf state’s offer to supply electricity-starved Syria is an opportunity to support a key ally, but Doha’s ambitions to build broader pipeline networks to Turkey and Europe face challenges
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
10 April 2025
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
