News

CIS Wealth Business Events

CIS Wealth Group announces its coming international B2C conferences that will take place in Hungary and Russia in 2015-2016.


Wealth exported overseas shrinks the Russian economy

Approximately 80% of Russia’s economic wealth was moved overseas according to leading academic research.


Report: The 10 most competitive economies in the world

The Global Competitiveness Report 2015-2016 assesses the competitiveness of 140 world economies including the ones of the USA, Russia, UK, Singapore and Cyprus.


EU sanctions on Russia extended amid fears for further economic decline

The European Union has stated that the current status quo in the Russian – Ukrainian relations does not give the Union another choice but to extend the visa bans and assets freezing for another six months.


Russia’s energy supplies running low

Russia is the second largest oil producing nation in the world, but in a strange twist of fate, the nation could soon face a fuel shortfall.


Nicosia Company found to be undermining Russia sanctions

A Nicosia based company was identified by the US authorities among others, to be helping call off western sanctions against Russia and Ukraine.


Russia reduce rates further in attempt to improve economic situation

Dropping oil prices and the extension of western sanctions have left Russia in a similar unfavourable situation, reminiscent of last year. This is affecting the Russian economy negatively, which is heavily dependent on exports of gas and oil.


The last remaining Russian bond seller has just left Singapore

Russians used to be the biggest sellers of Singapore dollar bonds outside Asia only four years ago, as of this week; the last remaining shareholder has removed his investment.