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Russian stocks to climb higher throughout 2022

Russian stocks to climb higher throughout 2022
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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Press review: Biden calls Putin asking to meet and will new EU sanctions harm JCPOA talks

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Top stories in the Russian press on Wednesday, April 14
US President Joe BidenÂ© EPA-EFE/STEFANI REYNOLDS/POOL
Media: Biden calls Putin suggesting to meet
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As Moscow and Washington were heading to an increasingly tough standoff, US President Joe Biden - who actually provoked the spike in tensions a while ago - made a phone call to his Russian counterpart Vladimir Putin on Tuesday to discuss strategic stability issues, and suggested they should meet in a third country, Kommersant writes.
By making the call, Biden initiated another round of the political chess game that previous US administrations used to play, opening with an E2-E4 move. At the same time, his invitation to meet in a third country is also a signal to Washington’s allies, indicating that the current White House administration considers the Russian leader to be worthy of a handshake. It is also sort of an apology for the vulgar statement that Joe Biden made in an intervie ....

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POLL-Russian stocks to hit new highs in 2021 as commodity-driven recovery gains speed

RTS seen reaching 1,590 by mid-2021 and 1,665 by year-end
cpurl://apps.cp./cms/?pageId=stock-index-poll poll data
MOSCOW, Feb 25 (Reuters) - Russia’s stock market will hit all-time highs this year, boosted by strong commodity prices, record low interest rates and a business activity surge as countries roll out COVID-19 vaccines, a Reuters poll of 17 market experts forecast.
Russian stocks collapsed in the first quarter of last year under pressure from a drop in the price of oil, Russia’s major export, and the coronavirus pandemic, but recouped those losses by end-2020.
The MOEX rouble-denominated index, which hit a record high of 3,520.66 on Jan. 12, is expected to reach 3,600 by the middle of this year, up about 4.8% from 3,433.93 on Feb. 22, according to the Reuters poll. ....

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