Political and economic conditions in Russia Essay

Political and economic conditions in Russia - Essay ExampleThe paper is going to discuss the political and economic conditions in the Russian federation and factors that managers would flip over when seeking to invest in Russia. I am also going to assess the political and economic risks in Russia at the present moment and how a companyThe present political conditions in Russia are critical to ensure successful running of businesses because of the tensions and attacks that happened on 29th of December 2013, where two suicide bombings occurred inThese bombings resulted to injuries and deaths of many population in the area and no group has claimed responsibility for the bombings. It was also speculated by the media that the attacks were meant to disrupt Russias planned Sochi Olympic Games this month. Volgograd being a transportation hub surrounded by Moscow and Southern Russia makes it insecure for businesses to carry out their operations since it is not known when the terrorists may strike again. It is impossible for Russias government to support some other business ventures when they should be focusing on ensuring security around the places where the Sochi Olympic Games will be taking place to avoid more attacks. The political leadership have many responsibilities to ensure that their people are living in safe environments and their needs are met.The economy of Russia is growing because of its large production of fossil oil and gas. Deresky and Christopher (2011) stated that Putin the president of Russia struggled to ensure that the countrys economy remained of high level.