Support The Moscow Times!

Mobius Bullish on Russia

The Russian market continues to offer investors great prospects, renowned investor Mark Mobius said Wednesday.

"In Europe, we will continue to closely watch the region's emerging markets, particularly Romania, Russia and Poland," Mobius wrote on his blog. "I'm also very excited about Russia, where we see high growth potential, particularly in the agriculture, natural resources and oil sectors," he said.

Regarding debt problems in developed countries, Mobius said, the situation in the United States is more serious than that in the euro zone, both from the standpoint of scale and that of potential impact on the world economy. The world's attention should be focused on the U.S. debt crisis, he said.


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.