Thursday, 13 January 2011

Russia Among `World's Riskiest' Locations for Investors

One can only hope that foreign investers read this piece by Bloomberg before considering investments in Russia:

Russia is “one of the world’s riskiest locations for business to invest in,” according to a survey of 196 nations by U.K risk-assessment company Maplecroft.

Maplecroft, which assesses factors including conflict, terrorism, the rule of law and the regulatory and business environment, rates 11 countries including Russia as an “extreme risk” for investors.

Russia is the world’s most corrupt major economy, according to Transparency International’s 2010 Corruption Perceptions Index issued in October, sliding to the 154th spot of 178 countries and placing it alongside Tajikistan and Kenya.

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