Many global investors avoid investing in Russian equities. Despite the country holding democratic elections and the legalization of private property rights since the fall of communism in 1991, Russia remains a pariah for most investors for good reason. Some of the factors that work against Russia include the widely-held beliefs that it violates human rights, jails …
“I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma, but perhaps there is a key. That key is Russian national interest.” – Sir Winston Churchill, 1939 The Russian economy is the largest among East European countries. At about $2.4 Trillion in 2011 Russia is the …
Continue reading ‘Interesting Facts about the Russian Economy’ »
Russia is a resource-rich nation and the hence the vast majority of Russian exports are fuels, metals and minerals. The country is one of the largest exporters of crude oil and natural gas with Europe being the primary market. The following graphic shows the top export and import markets for Russia: Click to enlarge …
Continue reading ‘Russia’s Top Import and Export Partners’ »
In June of last year I wrote a small post about the world’s top diamond producers in 2008. Botswana was the top producer then followed by Russia. Russia became the largest diamond producer as shown in the the following chart for 2009: Source: The Economist Except Russia and Canada, the rest of the top producing …
Continue reading ‘The World’s Largest Diamond Producers in 2009’ »