Russia is already facing consequences of its bloody “deoccupation” operation. Those who have started feeling results of Putin’s “peaceful” politics are the Russian billionaires. According to expert’s estimations, Russia’s top billionaires have already lost more than $80 billion in their wealth for the period of “operation”. But this is not
Economics
Economic issues and articles. Poland economics in context. European Union and the business perspective of the Euro. Hot topics on the Eastern Europe and the state of the markets. Enjoy exclusive economic news from the Warsaw Point of view!
S&P upgrades Kenes Rakishev Fincraft Group company, cites a stable political outlook and financial discipline in the region
Fincraft Group credit rating has been upgraded to BB- on international scale and kzA- on national scale. It is the second rating in row, as Fincraft Group, the main Kenes Rakishev investment company, gains stability, lowers debt exposition and buys back the shares. This time Standard&Poor's has revised the rating because
Oxus Acquisition will be Kenes Rakishev’s main tech capital vat
The newly created Oxus Acquisition Corp is a next step for Kenes Rakishev to acquire companies specialized in the red-hot area of energy transition, batteries and EV's. Kenes Rakishev, who is heavily involved in the modern tech investment scene rolls out his strategy to acquire more assets. Oxus Acquisition Corp, created
Poland’s CPI up 2.3 pct y/y in December – stats office
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 2.3 percent year on year and by 0.1 percent month on month in December 2020, the Central Statistical Office (GUS) reported in a flash estimate on Thursday. Economists polled by PAP Business estimated that December's CPI reached 2.6 percent