Country Analysts

Alex Teddy
Head, EMEA Operations, Urus Advisory
Alexei Panin
Head, CIS Operations, Urus Advisory

Recent Country Insights

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Russia switches to buying Yuan
RUSSIA / FSU POLITICS - In Brief 19 Jan 2019
The Bank of Russia announced on 9 January that in June it dumped USD 101 Billion in holdings. Reserves have been shifted to USD 44 Billion worth of RMB, USD 44 Billion worth of EUR and USD 21 Billion worth of JPY. This reduces exposure to US sanctions.

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Essential CIS Politics: American withdrawal from Syria would be a mixed blessing for Russia
RUSSIA / FSU POLITICS - Report 18 Jan 2019
RUSSIA:US withdrawal from Syria presents opportunities and problems for RussiaTrump announced that the US is withdrawing troops from Syria. This is welcome news in Russia since the Americans sometimes bombed Russia's Syrian allies. On the other hand American help against ISIS was sometimes useful...

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Russia plans to slash business regulations
RUSSIA / FSU POLITICS - In Brief 17 Jan 2019
On 15 January Prime Minister Medvedev announced that the government will probably introduce a regulatory guillotine in Russia. In the next two years outdated business regulations will be repealed. Regulations found to be unnecessary will be scrapped and business is elated. Overregulation stymies ...

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Alrosa seeks new projects in Zimbabwe
RUSSIA / FSU POLITICS - In Brief 16 Jan 2019
The President of Zimbabwe visited Moscow on 14 January. He met executives of Alrosa which controls 25% of the world's diamonds. Sergei Ivanov heads Alrosa and is Putin's former chief of staff. Finance Minister Siluanov is also on its board. Zimbabwe desperately needs trade due to its fuel shortag...

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Russia debates criminalizing fake news
RUSSIA / FSU POLITICS - In Brief 14 Jan 2019
The Duma (Russian Parliament) has proposed a law that would criminalize offending the state and disseminating disinformation. The Ministry of Communication has argued that it is too far reaching and breaches the constitutional right to freedom of expression. The sanctions would be fines from USD ...

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2019 likely to be difficult for the United Russia Party
RUSSIA / FSU POLITICS - In Brief 12 Jan 2019
United Russia (UR) is the main pro-Putin party and it is in for a challenging year. UR's ratings are down. The economy is barely growing and trust in officials is falling. No wonder the state wants more control of the internet. Almost half of Russians regions with a directly elected governor have...

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Russia's road toll system in trouble
RUSSIA / FSU POLITICS - In Brief 11 Jan 2019
Russia's road toll system is facing difficulty. It is called Platon and was launched in 2015. It involves collecting tolls from vehicles over 12 tons that use federal highways. Truck drivers have it and have blocked roads to weight stations and have impeded construction. Platon is still incomplet...

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Rosneft to supply oil by rail
RUSSIA / FSU POLITICS - In Brief 11 Jan 2019
Rosneft has signed a contract to transport oil by train to its Komsomolsk Refinery until June 2019. This is odd because Rosneft just spent USD 702 million on a pipeline. But Rosneft is unhappy with Transneft which has a monopoly on the pipeline. Transneft may be forced to cut its tariffs.

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Russian fashion industry stalls
RUSSIA / FSU POLITICS - In Brief 02 Jan 2019
In 2018 the Russian market for fashion stagnated after several years of growth. Sales totaled RUR 2.6 Trillion. Inflation has led to consumer goods rising 4% in price. Falling incomes have led to consumers switching to mass market brands. This is true of clothes, shoes and accessories. Modis, Aus...