Business Mood Swings

Russian Entrepreneurs Say They See No Reason to Smile Given the Country's Convoluted Political and Economic Situation By Tai Adelaja Russia Profile 01/12/2012 Russian business people have been gazing into the future, and what they see is a long dark tunnel without a glimmer of light, a new report has found. Among Russian top business executives and entrepreneurs polled for a quarterly report conducted by Grant Thornton late last year, optimism for any kind of business undertaking in Russia has all but evaporated. The uncertainty about the Kremlin’s economic policy outlook, which has triggered unprecedented capital flight in recent months, has also led to the sharpest decline in business optimism in the country, according to the recently-published Grant Thornton’s International Business Report (IBR). http://russiaprofile.org/business/52677.html