economic sanctions: Reuters With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscows equity markets and funnelling cash into other states, with China a standout beneficiary, according to Euro News. Sanctions placed on Moscow for its perceived role in the Ukraine crisis do not yet bar holding shares of Russian companies that are viewed as close to the Kremlin and By Andrew Winterbottom Russia has performed worse than any other big emerging market so far in 2014, with stocks down 17 percent in dollar terms and the rouble losing 9 percent RUB . In the bond market too, anyone who bought rouble-denominated debt this year would have lost 14 percent, according to JPMorgans GBI-EM index.
(news.financializer.com). As
reported in the news.
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