Today's conviction in the second trial of Mikhail Khodorkovsky and Platon Lebedev on charges of embezzlement and money laundering raises serious questions about selective prosecution -- and about the rule of law being overshadowed by political considerations. This and similar cases have a negative impact on Russia’s reputation for fulfilling its international human rights obligations and improving its investment climate. We welcome President Medvedev’s modernization plans, but their fulfillment requires the development of a climate where due process and judicial independence are respected. We will monitor the appeals process.