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Alexey Eremenko

How Will Putin’s Reforms Pan Out for Russian Business?

By addressing the “2024 problem” early Putin has given the investment community some breathing room.
economical changes

Putin’s Cabinet Revamp Clouds Path for Russian Rate Cuts

The Bank of Russia may halt monetary easing after five consecutive interest-rate cuts due to uncertainty following a government shake-up.
IN THE THICK OF IT

Russian Economic Officials Cancel Keynote Speeches Amid Reshuffle

Top economic officials have canceled speeches at a forum that traditionally helps set the year's economic agenda.
losing interest

Russia’s $40 Billion Gold Buying Binge Is Slowing Down

The key question is whether Russia’s decision to tap the brakes will hurt gold demand and prices, or buyers will come in from elsewhere.
DECELERATION

Russian Auto Market Stalls

Sales of new cars dip. Carmakers expect bumpy road ahead.
LENDING LANDSCAPE

Russian Banks Reject More than 60% of Loan Applications

Approval rate falls as government efforts to combat credit bubble kick in.
CLIMATE WARNING

Climate Change Threatens Russia’s Economic Growth, Watchdog Warns

Audit Chamber warns Russia will not hit targets to increase life expectancy and boost economy unless country addresses climate change.
OFFSHORE HUBS

British Tax Havens to Share Data With Russian Authorities

The sharing of financial information is in the spotlight as Russia has lifted restrictions on its citizens holding overseas bank accounts.
rejected complaint

Finnish Court Rejects Russian Businessman Rotenberg's Suit Against Nordic Banks

Rotenberg accused four banks of refusing to allow him to make payments and of violating his right to equal treatment as an EU citizen.
EUROPEAN EXPANSION

Yandex To Launch Car-Sharing in Europe – FT

Russian tech giant to launch 1,000-strong fleet of electric vehicles in Europe later this year.
BUILDING RECORDS

Moscow Builds Record Number of New Apartments

The city’s renovation drive and tumbling mortgage rates helped deliver a construction boom in 2019.
One more month

Russia Extends U.S. Investor Calvey's House Arrest Through Feb. 13

A Baring Vostok official representative described the decision as "unjustified."
Looking ahead

World Bank Cuts Russia’s 2020 Growth Forecast

Demographic pressures and structural problems such as a lack of competition are expected to hold the Russian economy back.
Energy ties

Turkey, Russia Launch TurkStream Pipeline Carrying Gas to Europe

The pipeline represents part of Moscow's efforts to reduce gas shipments via Ukraine.
WORKING PARTNERSHIP

Erdogan, Putin Build Trade Ties as Proxies Face Off in Libya

The TurkStream pipeline's opening underscores the tightrope Ankara has to walk as both nations expand their military footprint in the Middle East.
tastes like chicken

Russian Plant-Based Startup Takes Aim at Beyond Meat

Greenwise’s plans to become a mainstay in Russia’s predominantly meat-eating culture come amid a growing trend to find meat alternatives.
payback time

Russia's VTB Sues Mozambique State Firm at Center of $2B Debt Scandal

The VTB loan was part of a costly project that U.S. authorities say was an elaborate front for a bribery and kickback scheme.
No oil

Russia Halts Oil to Belarus, but Transit to Europe Still Flowing

Russia has halted oil supplies to refineries in Belarus, the Belarusian state energy firm said on Friday
Black Gold

Russia’s Oil Output Hits Post-Soviet High Despite OPEC+ Deal

Russia’s crude oil and condensate output hit a post-Soviet high last year even as it curbed production under an agreement with OPEC
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