Russia has never been the easiest country to get your head around, as Churchill's famous quote suggests: "A riddle wrapped in a mystery inside an enigma'; which is probably why many people don't even bother trying! Furthermore, during 2007 the emerging market story focused its attention on the Brazilian, Chinese and Indian markets; drawing investors in in droves and grabbing all of the headlines. In comparison, the fourth member of the so called BRIC countries, Russia, remains understated and quite often, underweighted. In fairness, the cynicism surrounding Russia can be justified, partic...
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