Posted on September 04, 2017
Russia is losing foreign investors as US funds are betting against the rouble, selling their currency faster than ever before. This may lead Russia to a rather hard situation. Investors will probably stay out of the country in the near future.
Posted on August 27, 2017
The financial crisis of 2007 took its toll on basically every country around the world, but things are turning around. How long did it take the economies to grow again? That depends highly on the countries.
Posted on August 20, 2017
Russian authorities extended the review of bank licences until 2019. The main reasons behind licence revokes are committing frauds or just having poor asset quality and high risk. This costs billions to Russia and already reduced the number of banks significantly. Even big banks are in danger sometimes.
Posted on August 13, 2017
In the last years, oil prices fell 50% which makes several OPEC countries suffer. Although they decided to hold their production back to raise crude prices that doesn’t help all their members to balance their budgets. That might not change soon.
Posted on August 06, 2017
Jeff Bezos became the richest man on Earth, at least for some hours. After a short, while Microsoft co-founder Bill Gates took the lead back. The whole race is connected to Amazon prices now.