Contemporary Review

Putin pursues Russia's oil oligarchs.(Vladimir Putin )

Contemporary Review | August 1, 2004 | Copyright

PRESIDENT Vladimir Putin could not have chosen his time with greater luck, foresight or care for the Kremlin's looming confrontation with the oligarchs. Troubled by record high oil prices, all the moneymen of the world are nervously watching the shabby Meshchansky Courthouse in Moscow at the start of a controversial trial of some super-rich executives of Yukos Oil Co. on embezzlement charges that could keep them in prison for a decade. We shall witness a fight on a razor blade.

The Russian president won at the last elections this spring the domestic support he needed to…

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