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May 30, 2011
Eastern European Hackers Steal Millions. Majority of Russian Students Participating in "Work&Travel USA" Have J1 Visas Rejected.

new-york-statue-of-liberty.jpgHave you ever met a young server or a busser or a housekeeper or a cook with a heavy accent and lots of energy at a fancy resort or a restaurant somewhere in Florida or Washington or Vermont? Those are the participants of Work&Travel USA program that brings thousands of foreign students into the U.S. every year. College students from all over the world have to pass an English language test, a background check, and get a J1 visa to fill a short seasonal job in the U.S. The benefits are great for everyone involved - American employers get inexpensive, educated and highly motivated labor without the obligation to pay the benefits, guarantee the hours, or prolong the employment. Young students--especially those from Eastern Europe and Central Asia--get a chance to make good income unusual for their home countries and see the U.S. America gets a chance to market itself in person to the world's brightest youth who takes home the stories and the experience. Each participant usually works for three months, and then is allowed a month in the country to travel.

For a young college student such trip is usually a life-changing experience. Many of my friends and I have come to the U.S.; those experiences have changed our lives and careers in more than one way - some of my past fellow servers and bussers today are highly-paid PWC and EY consultants in Moscow and Kiev, Microsoft employees in Seattle, etc. However, this year many Russian and other Eastern European students will not get the same chance to explore the States and the American lifestyle. In October 2010, more than 20 Eastern European students (11 Russians among them) in the early twenties were identified by the FBI as participants in a grand banking scheme.

Continue reading "Eastern European Hackers Steal Millions. Majority of Russian Students Participating in "Work&Travel USA" Have J1 Visas Rejected." »


May 27, 2011
Will Shell Help Russia Claim Arctic Oil?

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Do you remember that Putin-blessed BP deal with Russia's government Rosneft? Well, the deal did not happen, however... Vladimir Putin said today that Shell may become a Rosneft's partner on the same conditions as BP was expected to. Netherland British Shell will most likely become Rosneft's partner in the Arctic, which will put Russia even further ahead of Canada and other nations claiming the vast Northern oil reserves.

Vladimir Putin commented that "Shell is a comfortable partner for us. It doesn't matter who the foreign partner is, as long as the conditions of the cooperation are in line with Russia's national interests." Shell is already involved in the famous projects Sakhalin-2 and Sakhalin-3. If the Shell-Rosneft deal takes place, the new venture will be split with 67% Russian ownership and 33% Shell ownership. The newly formed company will explore oil in the Arctic. A consortium of Russia's high-level politicians lead by Putin blessed the strategy explaining it by hundreds of fancy words. However, the reality is that while Russia has the money and the military might to claim the Arctic, it does not have the technology. Everybody else does, that's why it doesn't matter to Putin whether it will be Shell or BP. May be American-based oil companies should take a note of the situation.


May 20, 2011
The Amendment That Came in from the Cold War

By Eugene Ivanov

Jackson-Vanik remains on the books, but a new lawsuit argues that it does not apply to Russia at all.

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Barack Obama in Washington D.C. (Official White House Photo by Chuck Kennedy)

U.S. President Barack Obama can feel pretty good these days: Osama bin Laden is dead; growing public opposition to GOP fiscal policies strengthens the president's hand in dealing with congressional Republicans; the worst expectations for the natural disasters caused by the Mississippi River flooding have so far not materialized. His re-election prospects look shinier with every passing day.

But let's not assume that the president sleeps on a bed of roses. Obama has problems of his own, and one of them is that he's facing a lawsuit. The lawsuit was filed on Apr. 18 in the U.S. District Court for the District of Columbia by two Americans: Edward Lozansky, a former Soviet dissident and currently president of American University in Moscow, and Anthony Salvia, a renowned expert on U.S.-Russia relations and formerly head of the Moscow bureau of Radio Liberty. Lozansky and Salvia are asking the court to force President Obama to use his executive power to graduate Russia from a provision of Title IV of the Trade Act of 1974, commonly known as the Jackson-Vanik amendment.

Continue reading "The Amendment That Came in from the Cold War" »

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