Haste Makes Waste – The Rush to Close Deals in Russia Creates Instability
Today the AFP is reporting on the flurry of mega-deals hastily going down in Russia as businesses and investors, large and small, look to grab what they can, while they can. This near panic is contributing to a greater sense of instability and political risk, not least to mention the exacerbating effect on the Kremlin’s internal power struggles. The analyst Denis Maslov told AFP that “We do know this rivalry is intensifying, there is definitely some change of assets taking place, there is a realignment. … Now that the succession is very close, some people are in more of a hurry.”