Russian Economic Overview - 1278 Words

Economic Overview: Although Russia is one of the BRICs’ countries; it is showing some weakness over the last years with the Euro crisis. The country suffered with economic problems that made its economy to slow the foreign demand. With the weaker foreign demand and the domestic fiscal consolidation made the output growth reduced to 3.4% in 2012. The weakness extended to 2013, with first quarter real GDP falling 1.1% from the previous period, reducing 12-month growth to 1.1%, the lowest rate since 2009. In this scenario, the investment in opening a BFSI in Russia would bring really bad results in terms of profits. In addition, the inflation in Russia rose up to 7.2% in April 2013. The final reason why Russia is going to provide a bad economic perspective to our company is direct related with the crisis in Ukraine. With this crisis, Russia would suffer a major recession and is being strongly affected due to its high dependence on energy supplies via Ukraine . Conclusion: Due to the political uncertainty combined with the weak economy that Russia is presenting for a forging investors, we conclude that better options of the BRIC’s countries would be suggested to BFSI invest its money instead investing in the Russia market. Latin America: Venezuela: Political overview for forging companies: Since the adoption of a bilateral government and the differences in a variety of polices, made the political relationship between the United States and Venezuela become tense. Venezuela’sShow MoreRelatedRussian Duty Free Industry1500 Words   |  6 Pages 2. Executive summary Russian Duty Free Market overview 2.1. Current market size 2.2. Key drivers for market growth 2.3. SWOT analysis â€Å"BORT† Overview 3.1. At a glance 3.2. Our goals and objective 3.3. 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By scrutinizing his actions and their individual impacts in relation to the desired modernity, historians can assess whether Lenin achieved the socialist dream he sought for. I will break down the essay into three components from which I can individually