Russia’s leading petrochemical producer won’t hold its highly anticipated IPO this year, or even next year, but despite tough market conditions this year the outlook for the company remains bright
The use of sanctions to pressure countries has become the go-to foreign policy tool but the economic repercussions are still not well understood and new sanctions on Russia by the US could backfire.
Best known as “Europe’s last dictatorship”, Belarus has a secret. Over the last decade it has grown a blossoming high tech industry that earned the small northern republic nearly $15bn last year – as much as Russia earns from arms exports.
Investment into Russia’s real estate sector surged in 2019 as the market finally turned the corner and brought the crisis years to a close.
International investors used to worry about geopolitical Russia risk, but the fiscal fortress Putin has built now makes Russia's capital markets look like a safe haven.
Profits in Ukraine’s banking sector tripled in 2019 to hit UAH59.6bn as of December, as a full recovery of the sector is now well underway.
The West has lost the initiative to illiberal powers like China and Russia that are now acting on their own, according to the "Westlessness" report produced ahead of the Munich Security Summit.
After a very strong rally Russia’s stock markets have been hit by fears of a global coronavirus epidemic and collapsing oil price. The market has given up all its gains, but not so the utilities sector which is up 16% YTD.
Sanctions placed on companies belonging to magnate appear based on a short, flimsy error-strewn memo, full of hearsay and almost entirely dependent on unreliable press reports.
Independent pollster Levada Center finds confidence rating in Russian leader has almost halved in past two years to 35%. But his personal popularity remains at an impressive 68%.
The Central Bank of Russia (CBR) has switched tactics from running a prudent monetary policy to a more aggressive attempt to stimulate economic growth following its February 7 decision to shave another 25bp off the key monetary policy rate to 6%
UK company has Soyuz rockets deal and $1.7bn backing from Airbus, Coca-Cola, Virgin, Qualcomm and Softbank to deploy global network.
Leading Russian fertiliser company Phosagro was in Berlin in the middle of January to attend the Green Week and promote its ecologically friendly fertilisers as Russian corporates increasingly embrace the need to go green
The crisis that Russian banks suffered in 2014-2016 is well and truly over as the sector had its second full year of clear profits in 2019, the Central Bank of Russia (CBR) reported on January 28.