U.S. Companies Already Have to Contend With Complex Rules In recent months, Boris and Arkady Rotenberg—Russian businessmen and friends of Vladimir Putin —have sold off assets to their sons that include ... Read More
Discussions among European leaders about new sanctions on Moscow have again raised fears that the SWIFT international payments system might be cut off, a move that experts warn would ... Read More
Ratings agency S&P has cut Russia’s sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead ... Read More
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of sanctions by the U.S. and ... Read More
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. ... Read More
Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. Dmitry Tulin, a ... Read More
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western ... Read More
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure ... Read More
The pressure is building on Vladimir Putin: Russia will be hit by a wave of bankruptcies unless it cuts interest rates very soon, a top financial official warned Monday. ... Read More
Standard & Poor’s is going to revise Russia’s sovereign credit rating with a “negative” outlook. The agency made the decision to revise Russia’s credit in late 2014. According to the agency, ... Read More
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