There’s good news from Russia. The economy is growing, albeit from a low base, and with high world commodity prices, public Finances haven’t looked this good for years. With a young healthy president just shooed into office, leading companies are cleaning up their act and the Kremlin has said – for the umpteenth time – “the worst is over”. Russia restructures: but is anyone going to believe it this time round?
Following Boris Yeltsin’s resignation, things could only get better.
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