CNN: Doing Business in Russia
March 4, 2010
Interview with William Browder, CEO of Hermitage Capital Management
CNBC: From BRIC to BIC: What Happened to Russia?
March 2, 2010
For almost 10 years now, the BRIC nations (Brazil, Russia, India and China) have been the poster children for growth in emerging markets and potentially big profits for investors.
It started back in 2001 when Goldman Sachs came out with its now-famous report talking about the economic potential of those four countries. The firm concluded that they could well be among the world’s biggest economies by the middle of this century.
However, in talking with global investors and in my recent trip to Davos for the World Economic Forum, I found that people are hardly even talking about Russia anymore. They’ve dropped the ”R“ to the point where it’s become the BIC nations.
If they do talk about Russia, it’s often to refer to it as the “sick country.”
CNBC: Investing In Russia
March 2, 2010
Discussing the risks and rewards of investing in Russia, with William Browder, the CEO Hermitage Capital Management.
The Lawyer: Firestone Duncan founder flees Russia amid alleged government conspiracy
March 2, 2010
The managing partner of a Moscow law firm has fled Russia over fears he is being targeted by the same people he claims are responsible for the death of one of his partners.
Jamison Firestone, co-founder of tax firm Firestone Duncan, has not been back to Russia since Christmas after claiming to have uncovered a criminal conspiracy that bears a resemblance to the events that led to the detention and death in custody of his former partner Sergey Magnitsky.