| Russia is entrenched in its old post-communist ways. Political leaders, who have sworn off commodities as their primary growth story for the past 10 years, are stuck in the same old song and dance. Russia has become a broken record.
This became evident at VTB Capital’s annual Russia Calling investor confidence last week. Despite over 1,500 investors from dozens of countries in attendance, investors and businesses leaders heard much of the same. Russia’s problems are structural, says Central Bank governor Elvira Nabiullina. Companies aren’t investing, says Herman Gref, CEO of Sberbank..............................................Full Article: Source
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