Dramatic rate hike to take Russian economy closer to “collapse” – economists

By Andrei Skvarsky.

The Russian central bank’s raise of the key rate to 17% from 10.5% on December 16 comes as early and stark proof of a forecast last week by Philip Uglow, chief economist at Deutsche Boerse research firm MNI Indicators, who said the regulator would further tighten its monetary policy but argued this would do more harm than good to Russia’s deeply ailing economy. Continue reading

Newsletter from Canrim Resources, a Singaporean company focused on mineral resources development in Mongolia

An encouraging month for Mongolia, November saw significant progress on the political front. After our letter to shareholders discussing the change of leadership, with Prime Minister Chimed Saikhanbileg replacing Mr. Norovyn Altankhuyag, a coalition between the incumbent Democratic Party (DP) and opposition Mongolia People’s Party (MPP) was formed. Further, on Friday, December 5th Prime Minister Saikhanbileg proposed 19 new Ministers for 15 Ministries, thus setting the stage for a potentially prolonged period of political and economic stability.

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C++ Developer, Bloomberg, London

A direct vacancy from www.russiansinthecity.eu

Required qualifications:

* In-depth knowledge and experience using C++ * Good knowledge of STL and object-oriented design patterns * Solid understanding of data structures and algorithms * Exposure to full software development cycle * Knowledge of multi-threading * Working knowledge of development tools such as debuggers, profilers, tracing utilities and source control * Excellent problem solving and multitasking skills, with a logical and pragmatic attitude * Degree in Computer Science, Engineering or related field, or equivalent expertise * Good team-playing skills Competitive Salary
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