Russia's ossified system, dominated by a handful of state companies and dependent on state procurement, needs more visionary and resolute action to go beyond today's miserable growth rate, forecast by Bloomberg at 1.8 percent this year, slightly less than half of the estimated global rate. Kudrin is the
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The central bank increased benchmark borrowing costs to 2.5 percent from 2.25 percent on Monday, matching expectations of a majority of analysts in a Bloomberg survey. It's the third increase in 2018 as the bank seeks to tame the steepest surge in consumer prices in five years. Governor Mugur
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Electrification of cars, today, is not just an “offering”; it's a necessity. While there are some automakers who arrived late to the party (cough… DS… cough), there are also a few who took steps years ago. Kia embarked on the EV mission with the …
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With an increasing number of systems providing source data for the revenue accounting process, businesses need an easy way to ingest these disparate sources and group them into a common revenue contract. Without automation, they risk spending too much time and effort in manually processing all
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It's not as if the International Accounting Standards Board is deliberately trying to make our life harder. Quite the opposite. They're doing a good job ensuring we have globally suitable financial standards – which is in everyone's interest. But as CFOs, the adherence and implementation of these new
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