Emerging Markets Roundup: Russia

GROWING POLITICAL UNCERTAINTY HITS RATINGS OUTLOOK   By Kim Iskyan   In mid-January, ratings agency Fitch cut its outlook on Russia from positive to stable, citing increased domestic political uncertainty and potential damage to the Russian economy from deterioration in ...

Company To Watch: Yandex / Russia

'RUSSIAN GOOGLE' BUYS SOFTWARE FIRM TO BOOST MOBILE OFFERINGS   By Gordon Platt   Yandex, the leading Internet search engine in Russia, with a 63% market share, purchased SPB Software last November to increase its mobile services.   Yandex has ...

Country Report: Greece

BALANCING ACT By Vanessa Drucker Greece’s politicians must balance growth and austerity, but it will mean walking a tightrope with no safety net in sight.   Greece needs a fresh blueprint for economic and social survival. Eurozone debt restructuring packages ...

Country Report: Turkey

EVADING A HARD LANDING By Gordon Platt Turkey’s widening trade and current account deficits are making some investors nervous, but government officials are confident they can keep the fast-growing economy from overheating if they apply the proper mix of fiscal ...

Emerging Markets Roundup: Russia

THRESHOLD RISES FOR FOREIGN INVESTMENT IN THE NATURAL RESOURCE SECTOR   By Kim Iskyan   Russia’s parliament is set to approve long-awaited amendments to legislation on foreign investment in certain strategic sectors.   Easing requirements for natural resources investment The ...

Trichet Exits From ECB

NEWSMAKERS: EUROPE   By Anita Hawser   At the press conference that followed the European Central Bank’s Governing Council meeting on October 6 in Berlin, few would have guessed that it was Jean-Claude Trichet’s last meeting as ECB president.   ...