The two offshore zones established in Russia last August for the purposes of tempting foreign-based Russian businesses back to the Motherland have yet to catch on.
Russian GDP growth slowed from 2.7% year on year in 4Q18 to just 0.5% y/y in 1Q19, well below expectations. Unlike most commentators, we attribute this slowdown to a pause in the state CAPEX rather than to the VAT hike.
Russian President Vladimir Putin on May 1 signed the controversial sovereign internet bill into law. It will come into force November 1 despite the concern, confusion and even ridicule on show during its State Duma readings.
Zelenskiy is allegedly supported by powerful Ukrainian oligarch and Poroshenko’s arch-rival Igor Kolomoyskiy. Ukrainian voters obviously believed that Zelenskiy was the lesser of two evils. What went into making that choice?
The Belt and Road Initiative (BRI) is no less than an attempt by the Chinese to reshape the international order, but it has acted as a strategic opportunist and has no clear development plan.
Russia's CBR kept its key rate at 7.75% and provided dovish mid-term guidance that suggests a rate cut in the second or third quarters of this year
Ukraine’s president-elect Volodymyr Zelenskiy has been on the job less than a week and he is already been tested by Russia and a new language law, but the biggest challenge remains winning seats in the October parliamentary elections
After nearly three decades since the end of the socialist experiment many countries in Central and Eastern Europe (CEE) have made enormous progress, but they are still catching up to their western peers. But not in fintech.
Southeast Europe enjoys a largely free and vibrant press, but an index developed by consultant Keshif shows that the press is coming under pressure and diversity and quality are slipping.