26 October 2015

A law on succession is under consideration in the Russian parliament. Last spring, the State Duma introduced a bill offering to adopt such concepts as a ’joint will’ and ’hereditary contract’, simplifying the succession procedure.

29 September 2015

Although there aren’t any reliable data on the capital outflow from China, indirect evidence suggests that many investors withdraw funds from the Chinese market using complex mechanisms.

17 August 2015

According to the Central Bank of Russia (CBR), private clients have significantly reduced foreign transfers in recent months. With the economic crisis continued, Russians and non-resident foreign workers cut back to half the transfers of funds from Russia.

22 July 2015

The Organisation for Economic Cooperation and Development (OECD), sometimes referred to as the ’Club of the rich’, analysed the income gap in the developed countries and its negative effects. As economists observe, the gap between rich and poor hit a historic maximum for the past 30 years.

23 June 2015

Production of gold in China increases steadily. China might deliver a powerful blow to the fragile US financial system, using the foreign exchange reserves, including the growing volume of gold ingots and the gold savings, privately owned by the population.

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