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Russia overtakes China to become world’s No. 6 in gold reserves

August 26, 2014 , , 0 Comments

Russia overtakes China to become world’s No. 6 in gold reserves Russia has become the sixth-largest country in the world in terms of its gold…

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Russia’s National Card Payment System to be Competitive – CBR Head

The tariffs of the National Card Payment System (NCPS), designed by the Russian Central Bank, will be competitive with other international payment systems, without any…

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Q&A: Moscow City Vies for Investors, Despite Ukraine Tensions

August 26, 2014 , 0 Comments

Geopolitical turbulence or not, Moscow’s City Hall will plod ahead with plans to double the share of private competitive investments into the city by 2025 to 30 percent of the total capital…

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Austria’s Raiffeisen Bank Says Huge Russian Business Safe From Sanctions

Austria’s Raiffeisen Bank International expects “no significant impact” from western sanctions against Russia over the crisis in Ukraine, it said Thursday, underscoring its commitment to its single most profitable…

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Russia’s VTB Bank Continues International Cooperation Despite Sanctions

August 21, 2014 , , 0 Comments

VTB Bank Management Board chairman and deputy president Herbert Moos says VTB will continue to work with its foreign counterparts despite sanctions MOSCOW, August 21…

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New rating agency project gets off the ground as Russia chooses partners

Russia is to establish a rating agency together with China’s Dagong Global Credit Rating Co and the U.S. agency Egan-Jones Ratings, following an official announcement…

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Russian buyers investing abroad

Russians rank fifth in total investments in the Western European real estate market, according to a report by Knight Frank Russia & CIS. While a…

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Two thirds of Russian investors are ready to invest in BRICS markets

New research suggests that Russian investors are reorienting themselves to the markets of the BRICS countries (Brazil, Russia, India, China, South Africa). According to studies…

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Russian Economy Primed For Sharp Upswing In 2014

Russia’s gross domestic product slowed sharply in 2013, but economists are optimistic that the Russian economy will double its speed in 2014, according to Danske…

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