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Emerging & Frontier Markets
Emerging Markets : Financial Crisis Repercussions Threaten Putin’s Legacy
RUSSIA Defending his legacy: Putin spends his way out of financial crisis. The Russian economy continued to slide down a slippery slope of economic crisis as a series of adjustments to the trading corridor of the ruble reflected ...
Emerging & Frontier Markets
Emerging Markets : Medvedev’s Troubles Set Stage For Putin’s Return
RUSSIA Medvedev: Struggling through a turbulent first year in office. The Russian government is struggling to contain a rapidly unfolding and sharply accelerating economic crisis. The ruble has continued to slide—the currency has devalued 10% against the dollar ...
Emerging & Frontier Markets
Features : Crash landing
CENTRAL & EASTERN EUROPE Central and Eastern Europe has transformed from a beacon of hope into a near basket case astonishingly quickly. Its recovery will be a far slower and no less painful process. Hard hit: Hungary was one ...
Emerging & Frontier Markets
Newsmakers : Oligarchs Face A Bleak Future
RUSSIA Deripaska: A dramatic turnaround The global financial crisis is sucking Russia’s oligarchs into its vortex. Information provider Bloomberg recently estimated that the combined wealth of the 25 richest Russians had plummeted 62% over the six-month period ended ...
Emerging & Frontier Markets
Emerging Markets : Russia Bears Brunt Of Global Sell-off
RUSSIA The global flight from risky assets saw $1 trillion wiped off Moscow's stock market. Russia continued to be buffeted by the global financial crisis, with the country’s stock index plummeting nearly 70% from all-time highs ...
Emerging & Frontier Markets
Emerging Markets : Heavy-Handed Tactics Cause International Alarm
RUSSIA Russia's actions in South Ossetia exacerbated a stock market slide. Russian markets have been in turmoil for a month after the country signaled its intent to move back up the geopolitical pecking order by marching its troops ...
Emerging & Frontier Markets
Emerging Markets : Russia’s Electricity Spin-Offs Create 11 New Dr Programs
DR NEWS Eleven new companies, spun off from Russia’s former electricity monopoly, selected The Bank of New York Mellon as the depositary for their Regulation S and Rule 144A global depositary receipt programs. The bank is ...
Country Report
Features : Balancing Act
COUNTRY REPORT / TURKEY Turkey’s Islamist government has narrowly avoided a constitutional crisis, but it is still treading a fine line in its quest for economic progress. When Turkey’s constitutional court dismissed a move in July to outlaw the ...
Emerging & Frontier Markets
Features : Power Play
ANALYSIS / RUSSIA’S GEORGIA GAMBIT Russia’s recent assault on Georgia raises some scary prospects for European nations dependent on energy supplies from West Asia. Double act: Vladimir Putin passed the presidency to Dmitry Medvedev but still retains much ...
News
Newsmakers : Medvedev Tries To Calm Russia Bears
RUSSIA Medvedev: Seemingly helpless in the face of a stock market rout. Can Russia’s president Dmitry Medvedev save the country’s financial markets? In the second week of September he declared that it was “within ...
Emerging & Frontier Markets
Emerging Markets : Putin’s Comments Unnerve Investors
RUSSIA Headline risk in Russia returned with a vengeance over the summer as global oil major BP struggled with its Russian partners over control of its TNK-BP oil company joint venture. After an extended battle, the head of ...