In a recent article in gazeta.ru, Vladimir Milov takes a hard look (in Russian) at the amount of foreign direct investment (FDI) going into Russia (Hat tip: JRL). The official numbers coming from Rosstat indicate that about $28 billion entered Russia in 2007. This number is respectable when compared to many other markets, as outlined in this post on Russia vs. China.
Nancy Lee, a visiting fellow at the Center for Global Development, calls for a regional investment agreement for Latin America in an online Q&A posted today. She argues that a regional investment agreement would work much like free trade agreements, with member countries setting common standards to reduce barriers to investment. How could you measure whether members are complying with these standards?
How difficult is it get a decent haircut in Tegucigalpa? Not nearly as difficult as it used to be, at least according to an article last month in the FT.
The sky is falling—or so the head of Gazprom, the state-owned Russian energy giant, would have us believe. Today’s FT reports that Alexei Miller has predicted oil will hit $250 per barrel in 2009. Should we believe such a prognostication?