Russia

While we still believe that economic growth in Kazakhstan will fall short of the government's 7.0% target in 2010, the state's drive to diversify the oil-dependent economy bodes well... 2010-07-07

Russia's Federal Security Bureau (FSB) arrested insurgent leader Ali Taziyev on June 9. According to the FSB, Taziyev was responsible for the 2009 explosions in the interior ministry... 2010-06-23

State expenditures rose to RUB3,687bn in January-May, while revenues came in at RUB3,196bn over the same period, brining the fiscal deficit to RUB491bn. The figures keep our forecast... 2010-06-23

We believe that a near term breakthrough on the Nagorno-Karabakh frozen conflict between Azerbaijan and Armenia will be extremely difficult to achieve, given the unlikelihood that... 2010-06-21

BMI View: Reports that Russia is planning to significantly recalibrate its foreign policy in favour of closer ties with the West appear exaggerated. While Moscow has a clear interest... 2010-06-03

The Russian government has announced that it will continue membership negotiations with the WTO on June 17, despite also proceeding with plans to form a customs union with Belarus and... 2010-05-27

We stand by our forecast for the Russian current account surplus to rise to 5.6% of GDP in 2010. Rising oil prices and an improved global macroeconomic climate, should push goods exports... 2010-05-27