Archive for June 2013

S&P holds Russia's BBB rating steady

Jun 28th, 2013 | By | Category: Featured

Ratings agency Standard & Poor's (S&P) has held Russia's investment rating steady at BBB. The decision will come as something of a blow to the government, viagra 60mg which was hoping for its first upgrade in five years before potentially launching a $7 billion bond sale. However, more about the agency opted to keep the [...]

Russia would welcome weaker rouble

Jun 19th, 2013 | By | Category: Central Bank

Russia would welcome a weakening of the rouble, medicine so long as the drop in the exchange rate is market driven. This is the view expressed by the country's Finance Minister Anton Siluanov in discussions with Reuters. He added that the drop in the currency value would help to boost the competitiveness of Russia's export [...]

Rolls-Royce expects Wraith model to boost sales in Russia

Jun 12th, 2013 | By | Category: Asides

The debate surrounding the introduction of the high-end car tax in Russia has got luxury car manufacturers worried. But Rolls-Royce is confident that its new Wraith model will maintain interest in its brand. Lawmakers in Russia are currently trying to raise the tax on cars costing more than five million roubles. Preliminary approval was given [...]

Russians top fastest growing luxury hotel consumers

Jun 6th, 2013 | By | Category: Asides

Russians have been dubbed the fastest growing group of luxury hospitality consumers, information pills with demand rising by 12.8 per cent. The Digital Luxury Group released the statistics, which found that growth in demand from Russians outpaced the other high-growth countries. Britons showed a 8.4 per cent increase in demand, while Chinese demand was up [...]