Russia’s surprisingly stingy sovereign wealth fund

Diverse Paper Currency, Coins, Line Graph

As disputes over budget spending intensify, the stability of NWF suggests fiscal conservatives in government can still fight their corner. (Business New Europe – – Alex Nice, analyst at The Economist Intelligence Unit – August 18, 2015) [Charts here] Since the EU and US imposed sanctions on Russia’s banking, defence and energy sectors in mid-2014, there has been speculation […]

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