Russia Advances in Global Doing Business Rankings to 28th Position: World Bank

USNews ^ | October 23, 2019 | Andrey Ostroukh, editing by Andrew Osborn

[NorseViking]

Doing business in Russia became easier over the past year as Russia advanced to 28th out of 190 countries in the World Bank's 2020 business rankings, from 31st in the 2019 report, the World Bank said on Thursday.

Russia is now one notch below Austria, ranked 27th, but above Japan which is in 29th place. New Zealand remained the best place for Doing Business in the world, according to the World Bank, while Somalia was the worst.

Over the past year, Russia made getting access to electricity faster, strengthened minority investor protections by requiring greater corporate transparency, and made paying taxes easier, the World Bank said in an annual report.

[Hostage]

ECB, BIS, IMF, World Bank

BS Elite Suckwads

Eff em

No one cares what-who they rank.

In ten years they’ll be lucky to have a pot to piss in.

[Snake Skin Sonny]

I gotta quit giving these headlines such cursory glances.

I read "doing" as "dong".

Probably be appropriate, also.

[Trinity5]

Just looked up the list. They lost me when they stated that it is easier to get electricity in Rwanda than the United States...

[NorseViking]

There might be worse infrastructure but less red tape.

[billakay]

I don’t know why this would be an issue. In Russia, if you need electricity, you call the electric company and they hook it up. No big deal. Same for Internet, etc. I had the DSL upgraded to 100 mbps fiber at my mother-in-law’s house in Russia this summer.