Disclosure in Russia

Winston Churchill once described Russia as 'a riddle wrapped in a mystery inside an enigma' - and recent events in the country certainly show something of this unpredictable nature.After the crisis of the late 1990s when the Russian economy collapsed, the economic climate had been improving and stabilizing, year on year. The Economist Intelligence Unit says direct foreign investment in the country in 2003 was higher than the $7.8 bn attracted in the previous twelve years combined, and predicted