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Russia rises in World Bank’s ‘Doing Business’ rankings

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Russia rises in World Bank’s ‘Doing Business’ rankings

Post by Admin on Tue Oct 27, 2015 4:01 pm

Russia, China, India and Brazil all have been given a vote of confidence in the World Bank’s “Doing Business” report released on Tuesday, creeping up the bank’s often controversial annual rankings in part thanks to a change in methodology.

Russia, which is in the midst of a crippling recession and facing international isolation and sanctions thanks to its interventions in Ukraine, has moved from 62nd to 51st place in this year’s list, putting it ahead of EU economies such as Greece and Luxembourg and within spitting distance of others such as Belgium and Italy..................

To read further go to this link:  ft.com

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