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  • Russia Macro

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    amycitywire
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    The document discusses political and financial uncertainty in an unnamed society, noting there is corruption. It suggests some investors see an inflection point and bonanza despite a lack of broad economic recovery. It also discusses hugely profitable emerging market companies with cheap valuations and no subprime exposure. Additionally, it notes as an oil-rich economy modernizes, demands for liberalization may grow, comparing Russia's openness to Saudi Arabia as another oil-driven society. The document closes by briefly mentioning Russia's interest in transporting resources and prospects for a Russia-China oil pipeline.

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    The document discusses political and financial uncertainty in an unnamed society, noting there is corruption. It suggests some investors see an inflection point and bonanza despite a lack of broad economic recovery. It also discusses hugely profitable emerging market companies with cheap valuations and no subprime exposure. Additionally, it notes as an oil-rich economy modernizes, demands for liberalization may grow, comparing Russia's openness to Saudi Arabia as another oil-driven society. The document closes by briefly mentioning Russia's interest in transporting resources and prospects for a Russia-China oil pipeline.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Russia Macro

    Uploaded by

    amycitywire
    The document discusses political and financial uncertainty in an unnamed society, noting there is corruption. It suggests some investors see an inflection point and bonanza despite a lack of broad economic recovery. It also discusses hugely profitable emerging market companies with cheap valuations and no subprime exposure. Additionally, it notes as an oil-rich economy modernizes, demands for liberalization may grow, comparing Russia's openness to Saudi Arabia as another oil-driven society. The document closes by briefly mentioning Russia's interest in transporting resources and prospects for a Russia-China oil pipeline.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Misunderstood, cloak and dagger

    political and financial uncertainty.

    This is not
    a democratic society. There is corruption
    and there will always be corruption.

    Risk overdone?
    Inflection point – bonanza for investors.

    not to wait for that broad-based recovery to arrive and an economy running at full capacity before
    investing

    hugely profitable companies whose earnings are growing at around 30 percent a year, a
    financial sector that has no exposure to subprime lending and stock valuations that are
    among the cheapest in the emerging-markets universe

    As Russia becomes more economically


    prosperous, the pressure for liberalisation
    will grow…
    Is Saudi Arabia, which is a very rich society,
    free and open? You have to compare
    Russia not to England but to Saudi Arabia.
    It is an oil-oligarchy.

    the Russian economy has oil exports as its main source of


    foreign revenues, and is keenly interested in transporting
    Siberian resources to world markets.
    the prospects of a Russia-China oil pipeline.

    Most

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