Tag "Vladimir Pekhtin"

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Finance South and Central Asia

‘Black Tuesday’ in Russia as rouble slide sparks currency crisis

Sharp rouble depreciation revives fears of 1998 crisis, forcing the Central Bank of Russia to take tough decisions with limited results so far. Investors should prepare for further restrictions and economic recession. On

Economics Europe

Corruption remains key to Russia’s economic stagnation

Corruption is widespread throughout the executive, legislative and judicial branches at all levels of the Russian government. The Russian authorities recognise that corruption is a major problem and have implemented a