Russia

English farmer ploughs a deep furrow in Russia’s biggest irrigation project

Jason Corcoran in Moscow March 22, 2017

In his early UK farming days, Robert Covell had no inkling he'd one day follow in the tracks of Stalin's command economy to bring quality grain and vegetables to Russian consumers.

VISEGRAD: Central Europe’s nuclear gamble

Tim Gosling in Prague March 22, 2017

Czechs consider following Hungarian bet of building nuclear power stations without a tender.

FINTECH: Global Blockchain Business Council sets up branch office in Washington D.C.

Nicholas Watson in Prague March 21, 2017

Less than two months after its founding by The Bitfury Group, the Global Blockchain Business Council, the first global body set up to educate businesses on the latest innovations in blockchain technology, is establishing a chapter in Washington.

BOOK REVIEW: Peter Conradi asks pertinently, “Who Lost Russia?”

Nicholas Watson in Prague March 21, 2017

The writing is solid, embellished with great detail and research, giving some new information here, reminding of some forgotten nugget there, though it lacks any penetrating new insight or revelation.

COMMENT: The trillion dollar bill of US protectionism

Peter Szopo of Erste Asset Management March 21, 2017

Emerging market stocks have been hit harder than it appears by the election of President Donald Trump.

Investigation reveals flow of up to $80bn through "Russian Laundry"

Iulian Ernst in Bucharest March 21, 2017

Funds channeled from Russian companies to offshore firms with help from corrupt Moldovan judges.

ALACO DISPATCHES: Russia emerges as a wheat superpower

Yigal Chazan of Alaco March 20, 2017

Russian grain producers lead an agricultural revival that has seen record food exports.

Investors shy away from market darling Magnit as Russia’s retail sector competition toughens

Fabrice Deprez in Moscow March 17, 2017

Shares in Magnit, the star of Russia’s retail sector for many years and one of the most profitable retailers in the world, stood still in 2016 while its rival's doubled in value.

McCain accuses fellow US senator of working for Putin after Montenegro vote blocked

Denitsa Koseva in Sofia March 16, 2017

Montenegro's Nato accession is becoming a test case for the new relationship between the US and Russia.

Ukraine prepares sanctions against Russia's state-run banks

Vladimir Kozlov in Moscow March 15, 2017

Move follows Sberbank's decision to recognise IDs issued by separatist authorities in eastern Ukraine.

Apple Russia found guilty of price fixing on iPhones

bne IntelliNews March 15, 2017

Ruling is latest turn of the screw on foreign tech and internet majors found to be in breach of Russian consumer law and data storage requirements.

CEE REAL ESTATE SURVEY: Peak here, past nadir there

Ben Aris in Berlin March 14, 2017

The real estate sector across the region has benefited from two and a half decades of transition; but there is plenty of growth potential left thanks to their still incomplete transition to Western European levels.

Abkhazia’s ex-President Ankvab rattles ruling party by taking parliament seat

Carmen Valache in Lund March 14, 2017

Ankvab received death threats after returning from exile in Russia to run in parliamentary election.

LONG READ: Russia’s great daylight bank robbery

Ben Aris in Berlin March 13, 2017

Until recently the bank robbers enjoyed impunity, with many living openly in luxury in London, but now the banking clean-up is in the end game.

The iconic Lada is back as Russia’s best-selling car

Ben Aris in Berlin March 10, 2017

The iconic Lada is back as Russia’s best selling-car in February as cash-strapped Russians trade down to cheaper models.

Putin and Erdogan hail restored relations after 2015 rift

Ben Aris in Berlin March 10, 2017

Turkey and Russia were on the brink of war after the Turkish military shot down a Russian bomber in 2015. Two years later, presidents Putin and Erdogan were fawning over each other and a new era of relations at talks in Moscow.

Russian inflation falls below 5% for the first time since Soviet days

Ben Aris in Berlin March 10, 2017

Inflation was 4.6% y/y in February, according to Rosstat, down from 5% in January and in line with expectations

Russian corporate governance comes in from the "Caveman era"

Jason Corcoran in Moscow March 10, 2017

Standards of governance are steadily improving from the jungle fights of the 1990s, but the current economic crisis still saw minority shareholders get squeezed in takeovers by Kremlin-controlled giants like Rosneft.

Chisinau accuses Russia of hindering money laundering investigations

Iulian Ernst in Bucharest March 10, 2017

PM Pavel Filip claims Moldovan officials harassed by Russian security services as they probe $22bn laundered through Moldinconbank

Russian companies get active issuing bonds and taking loans in 2017

Vladmir Kozlov in Moscow March 10, 2017

After three years of recession, 2017 has seen a revival of Russian assets, with issuers in February raising almost $2.5bn through Eurobonds, their high rates attracting international investors.

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