Spurred by a revitalized market, Russian investor relations is moving - albeit slowly - from embryonic to fetal stage.
On October 8 the Russian business world celebrated. It wasn't entirely unexpected - although the date came sooner than most people had thought - but on that day Russia's sovereign rating was raised to investment grade by a leading rating agency. For the first time in its history, Moody's declared Russia safe for low-risk investment, thus opening a new page in the country's economic recovery.Until recently, Russia was one of the few truly booming geographic regions. The economy was expected
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