Russia’s investment rewards carry risks
Mention investment and Russia in the same breath and responses are likely to vary from concerns over corruption and political intervention to the allure of cheap prices.
Russia has been the laggard of the Bric quartet [Brazil, Russia, India and China] that has attracted investors in the past two years. But while emerging market funds have seen $7bn of net outflows this year, according to EPFR, a global data provider, flows into Russia have been picking up. Inflows to Russia total $1.22bn in the year to date, against outflows of $2bn for China and $980m for India in the same period, EPFR data show.
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MEPs slam Kremlin for human rights abuses ahead of Putin visit
A few days ahead of the Russian government’s scheduled visit to Brussels to meet with the EU executive, members of the European Parliament have expressed its strong concern about what they consider the malfunctioning of the Kremlin’s systems of governance and justice. The Liberals even spoke in favour of imposing restrictive measures.
In its draft motion for a resolution on the rule of law in Russia, the ALDE group called on the member states to consider imposing “an EU entry ban” on some sixty Russian officials involved in the death of Sergei Magnitsky. This Russian lawyer died in prison after he was held in prison for a year without charge. The Liberals also “encouraged” the EU’s law enforcement agencies to “cooperate” in freezing these officials’ bank accounts and other assets.
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Medvedev discusses with UN human rights commissioner
In the presidential residence outside Moscow Rosii Gorki-9, “began Dmitry Medvedev met with UN High Commissioner for Human Rights Navi Pillay.
Pillay has arrived in Russia on Sunday and plans to February 19, meet with the heads of the Russian Foreign Ministry, Interior Ministry, Health Ministry, Ministry of Regional Development, Ministry of Justice, as well as to visit St. Petersburg and talk there with the chairman relocated to the Northern capital of the Constitutional Court Valery Zorkin.
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BP Made Faustian Deal With the Kremlin
The recent deal between BP and the Russian oil and gas giant Rosneft was a Faustian pact that was forced on the London-listed major by the Kremlin, William Browder, a fund manager with Hermitage Capital, told CNBC Tuesday.
In mid-January, BP agreed a deal with Rosneft which would give it access to offshore exploration in the South Kara Sea and at the time BP CEO Bob Dudley told CNBC the deal offered huge rewards to BP given the access they would get to new fields and reserves.
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Bill Browder on CNBC: Every Company in Russia faces Corruption
“You have to understand that every company that does business in Russia finds themselves running into massive amounts of corruption,” William Browder, CEO of Hermitage Capital told CNBC. Browder was the largest investor in Russia until he was kicked out in 2005. займы на карту без отказа hairy girl zp-pdl.com zp-pdl.com займы онлайн на карту срочно
BBC Radio 4, The Today Programme
On the day that Russian Foreign Minister comes to London to encourage British firms to invest in Russia, Hermitage Capital Management’s Bill Browder outlines his belief that UK citizens are “not safe to invest or do business” in Russia on the BBC Radio 4 Today Programme. займы на карту срочно онлайн займ https://zp-pdl.com/best-payday-loans.php https://zp-pdl.com/emergency-payday-loans.php hairy girls
Famous businessman refuses to take part in Russian Business Week 2011
Ekho Moskvy
[Presenter] Famous businessman Aleksandr Lebedev has refused to take part in the Russian Business Week in London due to be opened by Russian Foreign Minister Sergey Lavrov today. The entrepreneur has explained his decision by the worsening of business climate in Russia. Aleksandr Borzenko has the details.
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William Hague must make clear that economic engagement with Russia does not mean sidelining human rights issues
Last week Tim (Montgomerie) correctly identified that Conservative policies must have a clear moral purpose. A governing philosophy based on necessity alone is no basis for long term support.
This is just as true in our foreign policy as it is in domestic policy. The Conservative party has a proud history of charting a moral course in foreign affairs: defending the most vulnerable, combating tyrants and most importantly championing human rights. From Pitt to Churchill to Thatcher the UK has faced down authoritarianism and won.
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We are not safe doing business in Russia
Today, Sergei Lavrov, the Russian foreign minister, arrives in London to meet leading British politicians and officials in a bid to revive bilateral relations, increase business ties and attract UK investors to Russia. Doubtless, there will be a good deal of talk about modernising the Russian economy and extolling the virtues of investing in it. Reference will be made to large investments made by BP, Pepsico and other multinationals as evidence of the “improving investment climate”.
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To learn more about what happened to Sergei Magnitsky please read below
- Sergei Magnitsky
- Why was Sergei Magnitsky arrested?
- Sergei Magnitsky’s torture and death in prison
- President’s investigation sabotaged and going nowhere
- The corrupt officers attempt to arrest 8 lawyers
- Past crimes committed by the same corrupt officers
- Petitions requesting a real investigation into Magnitsky's death
- Worldwide reaction, calls to punish those responsible for corruption and murder
- Complaints against Lt.Col. Kuznetsov
- Complaints against Major Karpov
- Cover up
- Press about Magnitsky
- Bloggers about Magnitsky
- Corrupt officers:
- Sign petition
- Citizen investigator
- Join Justice for Magnitsky group on Facebook
- Contact us
- Sergei Magnitsky
