It’s time for our weekly market psychology update with Jordan Kotick, Global Head of Technical Strategy at Barclays Capital. Kotick is currently travel through Russia and Eastern Europe. Read More
While the Far East of Russia, China, and others may have animosity towards the West and specifically the United States economic hegemony, they are the masters of their own universe. They can move away from the US dollar as the world's reserve currency if they take steps to move away from the export model of economic growth for their countries. Read More
Money makes some people crazy. And no one can exploit that better than the Russians. According to an Austrian newspaper called Wirtschaftsblatt....Russian luxury ocean liners are offering customers "pirate hunting cruises". Read More
Russia's RTS Index was the first global index to hit the correction stage (down 23 percent since hitting its recent high on June 2nd), but now the MSCI Emerging Markets Index (EEM in its ETF form) is also down double-digits since hitting its recent high on June 1st. Read More
The leaders of the BRIC nations (Brazil, Russia, India and China) are meeting today in Russia to discuss everything from the financial crisis to the U.S. dollar. Wendy Trevisani, co-portfolio manager of Thornburg Investment Management, discuss the importance of the BRICs and the best places to invest. Read More
Russia proposed a new world reserve currency that would be issued by international financial institutions to reduce reliance on the U.S. dollar. However, Liam Halligan, chief economist at Prosperity Capital Management said the west does not need to be scared, but should learn to “cohabitate” and share the prosperity around the globe. Read More
Our journey to Russia began in Moscow. It took weeks to lock down the date and time of the most important interview of our trip, President Dmitry Medvedev. What a huge score! Read More
My trip to Russia was incredibly exciting. Moscow and St Petersburg are beautiful cities. One of the best things about St Petersburg are the white nights. It is broad daylight for 20 out of 24 hours. Read More