Posts Tagged ‘business news network’

April 2011

From Russia with caution

BNN – Business News Network

With investors flocking to oil-producing countries, Russia has seen an influx of foreign money flowing into the country—including $2.5 billion US from mutual funds since December. But those investments are not without serious risk, according to Bill Browder, CEO of Hermitage Capital.

Browder was at one point the largest foreign investor in the country. But that was before the government tried to seize his assets and allegedly jailed and killed his lawyer.

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