/ world right now information/ The Russian financial system turned out to be the strongest among the many 10 largest creating nations (GEM-10) in accordance with the model of the American funding financial institution Financial institution of America Merrill Lynch, which in contrast 68 creating nations by 4 thousand 800 indicator, says the BofA analytical evaluate. On the identical time, Russia got here out on high within the ranking, overtaking China and getting the “macro cup” of the world, says the financial institution’s overview.
„Though Russia didn’t attain the semi-finals of the 2018 FIFA World Cup, it received the macroeconomic cup among the many GEM-10 nations, which unite the most important creating economies” – reported within the BofA evaluate.
In response to the financial institution’s specialists, Russia has considerably diminished its debt degree, and China, which was displaced within the GEM-10 ranking to second place, has elevated its debt load “Russia has the strongest indicators of exterior liquidity, present account and price range stability amongst main creating nations, and in addition one of many lowest ranges of exterior debt” – write BofA Merrill Lynch analysts.
Translation: M. Zhelyazkova
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