russian economy

Vladimir Putin Is Trying to Buy Up the World's Gold

Russia has become the world's biggest buyer of gold. Following a policy set by long-time leader Vladimir Putin, Russia's Central Bank added 570 metric tons of gold, about 25 percent more than second-ranked gold bug China acquired over the same period.

Why More U.S. Analysts Are Dialing Russia's MBT

Mobile TeleSystems has been listed on the NYSE for about 10 years, yet few investors know it's one of the few promising plays on the Russian economy's potential snapback. Wall Street is generally high on the stock, with 16 of 23 analysts recommending the shares as a buy.