European leaders fear disaster if they allow the Greek government to renege on its debt and drop the euro. But that outcome may not be as bad as it seems. The experience of Russia suggests that what looks like catastrophe before the event can be something very different after it.
Investing in Russia is the cheapest way to profit from Asian growth as the region consumes oil and gas from the world’s largest energy exporter, said Roland Nash , chief investment strategist at Verno Capital.
Roland Nash , managing director and chief strategist of Renaissance Capital Ltd., is leaving the Moscow-based investment bank to join Verno Capital, a recently set-up investment fund, the Financial Times reported, citing Nash and Renaissance Capital.
Evraz Plc and Polymetal International Plc will be the first Russian companies to join the U.K. benchmark FTSE 100 Index, escaping rising country risks as Prime Minister Vladimir Putin attempts to reclaim the Kremlin.
Mikhail Prokhorov , Russia’s third- richest man, may be planning to seek the presidency on a pro- business ticket as President Dmitry Medvedev and Prime Minister Vladimir Putin delay a decision on which of them will run.
Outgoing President Dmitry Medvedev ordered a review of guilty verdicts against Mikhail Khodorkovsky, once Russia’s wealthiest man, as Prime Minister Vladimir Putin celebrated winning a new six-year Kremlin term.