To all members of The Great Britain-Russia Society
This coming Thursday April 23rd we are privileged to welcome the Chief
Economist of VTB Capital plc, Mr. Christopher Green, who will present us
with the latest analysis of Russia's economy.
VTB Capital (which acquired Moscow Narodny Bank) is the second largest
Bank in Russia, and supports
your Society as a major Corporate member.
The fall in the price of oil from a peak of $147 a barrel to just under
$53 a barrel presents the Russian economy with huge challenges, especially
as it has been over reliant on its hydrocarbon exports (what Professor
Philip Hanson had previously described in an earlier lecture to us as 'the
curse of natural resources'), and had allocated the national budget on the
basis of an assumed oil price of $91 a barrel.
I believe that members of the Russo-British Chamber of Commerce paid £60
per person to hear Mr. Christopher Green, and non members paid even more.
Our seats are only £5 per person!
We still have a few spare seats, so if you have not already booked, I
strongly recommend that you book up with Ute Chatterjee (our membership
secretary) as soon as possible, OR BOOK ON LINE.
The attendances throughout this session have been
nothing short of spectacular, virtually full houses on each occasion.
Now please make sure that we end this session with an equally impressive
Looking forward to welcoming you.