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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI POLITICAL RISK - Trump's First Post Election Interview
MNI POLITICAL RISK ANALYSIS - Week Ahead 9-15 Dec
Russia May Drop Direct Elections Of Regional Governors
The Kremlin considers dropping direct elections of regional governors, RBC reports citing sources. Vladimir Putin is expected to express his view on the matter during the upcoming meeting of the Council of Legislators.
- Russia reinstated direct elections of regional governors in 2012 after an eight-year hiatus. The move was formally sponsored by outgoing President Dmitry Medvedev as part of a broader package of political reforms enacted in response to widespread protests that erupted in the wake of 2011 Duma elections.
- The RBC article suggests that the scenario currently considered by the Kremlin would involve a temporary abolishment of popular gubernatorial elections and replacing them with nominations by regional assemblies.
- RBC sources were unable to confirm if these changes could become permanent, but they suggested that the next round of "direct gubernatorial elections [most likely] will be cancelled."
- RBC: "There is also a high probability that the elections to the legislative assemblies of the regions and city dumas will be postponed, RBC interlocutors said. According to two of them, it can either be postponed to 2023 or 2024, when presidential elections are scheduled in Russia."
- The Council of Legislators is an advisory body composed of Federation Council and State Duma speakers, senior federal lawmakers and speakers of regional legislatures. Its next meeting is scheduled for Wednesday and will take place in Tauride Palace, St. Petersburg.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.