Moscow seizes the opportunity to strengthen economic ties with Tehran as Western investors sit on the sidelines.
Fintech start-ups are flourishing across Central and Eastern Europe, from Russia to Turkey, though Poland is probably the furthest ahead in establishing itself as the most important regional hub.
There have been some positive developments in the CEE markets for distressed debt in the years since 2008, which have combined to open up new opportunities for intrepid investors.
Lukashenko has long played the mid-ground between traditional ties with Moscow and likely windfalls from better relations with the EU. But economic hardship and sovereignty jitters will soon require tough choices.
Russia's retail trade turnover in December contracted by -5.9% year-on-year, markedly worse than consensus expectation of 3.7% y/y decline.
There are two Russias at the moment: The evil “Putin’s Russia” that kills journalists, bombs civilians and invades other countries. Then there is the “bull Russia”, where investors have made fat profits in the last year.
Controlling shareholders of Pavlovskgranit say Russian state bank and its ex-finance minister head entered secret deal to illegally seize company and ensure its elimination.
The Watcom shopping index ended 2016 on a strong note with footfall in Moscow’s leading shopping malls increasing to just below the 2015 levels.
The warring parties have agreed to participate in a further round of negotiations to be held in Geneva on February 8.
During the Senate Finance Committee confirmation hearings, Steven Mnuchin said he is 100% committed to enforcing the sanctions against Russia.
Kazakhstan has good relations with all participants but is likely to help sway the talks in Russia's favour.
The discovery of offshore gas had raised hopes that Turkey might accept reunification of the island.
Kyiv will continue to be heavily dependent on Western donor aid in the coming years, and the US’s stance towards its reform programme will remain crucial.
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