Ulyukayev not expecting ‘major shocks’ from potential rate hike in U.S

Alexei Ulyukayev file photo

SOCHI. Sept 16 (Interfax) – Because financial markets have largely priced in the effect of a potential rate hike by the U.S. Federal Reserve, Economic Development Minister Alexei Ulyukayev does not expect any major shocks if the U.S. Fed does approve a rate hike. “It seems to me that for the most part the markets have included the rate hike […]

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Life in Russia with $80 oil

Oil Well file photo

(Business New Europe – bne.eu – Chris Weafer – October 17, 2014) Chris Weafer is Senior Partner at Macro-Advisory, which offers bespoke Russia-CIS consulting. From late 2010 until the middle of August this year, the price of Brent crude has traded within a relatively narrow range and averaged close to $110 per barrel. Over the past two months the price […]

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