Russian to the Market

EXCHANGES

When oil prices topped $100 a barrel in early January it was another sign that this year could be a good one for financial markets in Russia, heavily exposed to the fortunes of black gold. A stable economy, the electoral victory of Vladimir Putin's United Russia party, and his protégé Dmitri Medvedev's succession as president in March have made global investors optimistic about Russia's prospects this year. While senior banking sources still describe the country as "like the Wild West," Moscow

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