Archive for January 2012

Russian economy exceeds growth expectations

Jan 31st, 2012 | By | Category: Central Bank

The Russian economy has flown in the face of tepid growth predictions, malady beating forecasts for 2011 by as much as 0.2 per cent. As the world struggles to return to a steady level of development, price the global powerhouses of the start of the century are being overtaken by developing economies, such as that [...]

Luxury goods are still in demand

Jan 24th, 2012 | By | Category: Featured

The luxury goods market is almost as strong as it was before the recession, stuff with Russia's wealthy leading the way. According to recent reports from consultancy Bain & Co, the global luxury goods market grew by ten per cent to 191 billion euros between 2010 and 2011. In addition to individuals from China and [...]

Luxury brands look to subtle designs

Jan 17th, 2012 | By | Category: Featured

These are uncertain times when it comes to the state of, ampoule not just the Russian, erectile but the whole world's economy. Income streams that had previously been considered reliable and solid have been shaken and the majority of people have been forced to reign in their spending. However, there will always be those who [...]

Political turbulence impacts on rouble

Jan 10th, 2012 | By | Category: Asides

Political turbulence is having a negative impact on the value of the Russian rouble, help prompting concern among investors. The currency has weakened by three per cent against the dollar since the outbreak of political protests following the disputed parliamentary elections held at the beginning of December 2011. The upheaval has left the rouble in [...]