With the Kenyan economy projected to grow by 5% this year, the credibility of the upcoming elections will be key determinant in gauging international confidence and foreign investment in the system left behind by President Kibaki.
TODAY: Putin’s annual presser shows confident President despite ruble woes; covers Ukraine, ruble, NATO, and love; economy to recover, President asserts; activists detained. Law passed to give banking sector capital boost; Putin hopes to see newly released Sistema owner at New Year’s business meet. ‘Sometimes I wonder, maybe the bear should just sit quietly, munch […]
TODAY: Ruble stabilises but analysts warn crisis will continue; speculation mounts as to government’s next move; no possibility of IMF bailout; Moscow finally starting to bend on Ukraine? Rosneft on target to repay debt; Memorial hearing postponed; Sistema chief Vladimir Yevtushenkov freed from house arrest. Following the lows of ‘Black Tuesday’ the ruble has stabilised […]
TODAY: Interest rate hike fails to save the troubled ruble; ‘Black Tuesday’ still not as bad as 1998, say some; blame game commences. Obama likely to sign new sanctions into law; ECHR rejects Russian appeal on Yukos; suspicious death of Kremlin-critical German deputy; Russian director and activist honoured with freedom of speech award. It seems […]