Tagged: Business/Economics

Russian visas and the cost of business

Russian visas and the cost of business

Have you ever wondered why small-medium sized businesses don’t seem all that keen on investing in Russia? The same reason that smaller domestic businesses generally don’t flourish in Russia – bureaucracy. The endless number...

Bad Moscow experiences

Bad Moscow experiences

A couple of bloggers write about their negative experiences – mostly with scams – in Moscow: Aaron, at 110 Lines of Longitude encountered the "wad of bills" scam first hand: Then the really bad...

Cyrillic vs Latin: Battle of the Alphabets

Cyrillic vs Latin: Battle of the Alphabets

Via Laurence Jarvik I found this article by Sam Vaknin.  He wants Russia to abandon the cyrillic alphabet and switch to a latin one because, he argues, holding on to an archaic and over-complicated...

Property investment in Moscow

Property investment in Moscow

Buy to let is a craze that has swept the United Kingdom over the last few years, as the economy has boomed.  Buy a house or flat (apartment), let it out at enough to...

Ukrainian economy slumps

Ukrainian economy slumps

Despite making the reform of corrupt business and attracting foreign investment central to his public policy pronouncements, Ukrainian President Viktor Yushchenko must be more than a little worried by the economy’s latest growth figures:...

US military bases – the economic impact

US military bases – the economic impact

Intel Dump has a post about US basing strategy which, as part of its argument repeats a claim that the US base in Manas, Kyrgyzstan, contributes so heavily to the local economy that it...

Russia’s big business / small business paradox

Russia’s big business / small business paradox

Tim Worstall, who runs a company that trades extensively in Russia, has a few observations on the Russian business climate, from the perspective of the smaller business owner: The annual global market for one...

Putin to re-nationalise vodka production

Putin to re-nationalise vodka production

In a bid to reduce the number of vodka related deaths in Russia, President Putin has suggested re-nationalising the vodka production industry.  This is in contrast to his ministers, who until recently, were trying...

Gazprom shares for sale

Gazprom shares for sale

Now that the Russian government has secured a majority stake in Gazprom it has fully opened up the company to foreign investors. While in a strictly legal sense, this means that a foreign company...

The Alternative Big Mac Index

The Alternative Big Mac Index

You may have heard of the Economist’s Big Mac Index.  It looks at the cost of a Big Mac in capital cities of the world, compares it with the cost of a Big Mac...