Investors Sour on Russia as Country Struggles with Falling Demand for Resources
May 19, 2010 /EIN Presswire/ -- Declining world oil prices and decreased demand for raw materials has shaken investor confidence in Russia's economy. Since the first of the year, $2 billion in investments reportedly has been withdrawn from Russian markets.
Experts believe that if the outflow of investments continue, Russia will be forced to devalue its ruble. The nation recently revised its budget forecast to reflect lower government revenue expectations.
Read more at Global Investing Today:
Russia Investing news - http://investing.einnews.com/russia/
Economic Downturn news - http://investing.einnews.com/news/economic-downturn
Located at http://investing.einnews.com, Global Investing Today is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest investing news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.
About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.
Experts believe that if the outflow of investments continue, Russia will be forced to devalue its ruble. The nation recently revised its budget forecast to reflect lower government revenue expectations.
Read more at Global Investing Today:
Russia Investing news - http://investing.einnews.com/russia/
Economic Downturn news - http://investing.einnews.com/news/economic-downturn
Located at http://investing.einnews.com, Global Investing Today is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest investing news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.
About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.
Follow us
What people say
“We have generated many, many press clippings and improved our SEO ranking from the services that EIN Presswire provides us. Easy and simple way to upload and distribute our press releases. I would recommend their services.”
— Chris Morris, Marketing Manager of Mountz Inc.
“I have been using the EIN Press Release service for more than three years in entertainment & health care industries. Their account managers and the placement of my press releases online has been above reproach reaching mainstream journalists to help further client and brand visibility. I highly recommend this service for global notoriety and am thankful I made that first call.“
— Monica Anders PR Strategist 25 Years!
Our Partners
Press releases
- Roberto Cavalli Honored by amfAR; Appears With Elisa Sednaoui, the Face of his New Fragrance [09 Feb 2012] PR Newswire
- New Payments Association to Address High Cost of Paying Commissions and Affiliates [09 Feb 2012] PR Newswire
- New Payments Association to Address High Cost of Paying Commissions and Affiliates [09 Feb 2012] PR Newswire
- AVIC Leasing and Bombardier Sign Memorandum of Understanding for Aircraft Financing [09 Feb 2012] Marketwire
- Radware's Alteon® 10000 Earns INTERNET TELEPHONY® Magazine's Fourteenth Annual Product of the Year Award [09 Feb 2012] PR Newswire
- Empowered Products Wins XBIZ Award for Sexual Supplement Company of the Year [09 Feb 2012] PR Newswire
- Minister Coveney reminds Milk Quota Holders of their obligations [09 Feb 2012] Ireland Dept. of Agriculture
© 2005-2012