Economic Boom in Russia

According to a Time article, there are signs that the increasing demand for oil in the world markets is bringing prosperity and to many parts of Russia and numerous opportunities for investment.

With oil prices now more than $70 per bbl., Russia is awash in cash–and more of it is trickling down to ordinary people in ordinary places. Seven consecutive years of robust growth–currently about 6% a year after inflation–have transformed the country, giving birth to a consumer class and bringing signs of prosperity to the long-suffering hinterland.

Read the full article at Time Magazine