20.03.2012
Our baseline trends changed a bit early this year. Improved trade statistics made devaluation sentiments dwindle, which effectively pushed the apocalyptic scenario for a currency plunge into the distant future.
Still, this is only a temporary save, since the real sector is cooling down, and so far there is no obvious way to cut the energy bill for Russian gas. More about economic perspectives, please, read at our last quarterly report “Risky Zone”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.