The list below is a collection of articles that refer to, mention or discuss Russia.
Controversial golden visas are proving a huge draw to Europe for wealthy expat investors. The visas allow foreigners to buy the right to live in one of several European Union countries. Many claim the visas are honey pots to lure rich business people from other countries, while others view them as tools to encourage investment … Read more
At last the major oil producing nations have blinked and decided to act in the stand-off over reducing the flow of oil to bolster prices. The price of oil has plunged over the past 18 months from more than $100 a barrel to around $30 a barrel. Oil importers have rubbed their hands with glee … Read more
Emerging markets may have reached the end of the road for investors, according to financial analysts. Falling commodity prices and a strong US dollar are stressing many formerly booming economies and if they cannot overcome some serious challenges in the year ahead they are likely to falter. This is the opinion of Kames Capital’s chief … Read more
Russian president Vladimir Putin has scoffed at international claims that his country’s economy is in trouble and that rouble is in decline. In a telephone call-in programme on Russian TV, he told viewers that Russia’s economy was performing well and that the rouble was standing strong against foreign currencies. Nevertheless, the value has dropped from … Read more
Inflation in Russia could hit as high as 17% by the end of the year, the country’s government has warned. The statement is interpreted as a confession that a triple assault on the economy is proving more difficult to handle than first thought in the Kremlin. Russia has huge financial problems tackling a budget based … Read more
Details of high-level talks between oil producing countries have leaked out. Two of the world’s major oil producers – Saudi Arabia and Russia – have both signalled they have no plans to turn off the taps despite plunging oil prices that are impacting on their economies. Many oil producers have had to rip up economic … Read more
Russian’s central bankers hiked interest rates more than expected to a surprise 9.5% as economic sanctions begin to bite on the rouble. The interest rate was raised 1.5% from 8% in a bid to stem the tide of the falling rouble against the US dollar. In the past few days, the troubled currency has hit … Read more
Worries about interest rate rises in the United States may have been put on the back burner by the Federal Reserve. Minutes of the latest open market committee meeting cite concerns about the strengthening dollar and fear of global economic growth faltering may put off a decision to hike rates. The US policymakers are watching … Read more
The rise in the cost of living in the UK was 1.5% in the year to August – a slight fall from 1.6% reported in July. The Office of National Statistics (ONS) says a drop in the prices of fuel, food and non-alcoholic drinks was pulling down the consumer price index (CPI). Price increases for … Read more
President Vladimir Putin is playing Russian roulette with the country’s economy in his cat-and-mouse game over sanctions, claim investment experts. Putin has barred food and agricultural imports from the US and European Union following rounds of sanctions imposed by Western states over the Russian backing of the militant uprising in the Ukraine and annexation of … Read more