Economics
There's Still a Huge Influx of Foreign Cash to Russia
Ultimately, international sanctions and the worst relations with the U.S. since the Cold War did little to deter an influx of foreign cash.
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Ultimately, international sanctions and the worst relations with the U.S. since the Cold War did little to deter an influx of foreign cash.
Russian companies are set to rack up $2.8 billion in initial public offerings in Moscow and London this year, the most since 2011. In a year when the U.S. toughened penalties against Moscow, oil’s recovery and monetary easing have fanned the appeal of the nation’s equity placements amid a 30 percent rally in emerging-market stocks.