When a crisis has already taken place it’s crucial to stay calm. Decisions made in panic will most likely worsen a situation. During a crisis, companies should have a series of well-practiced action plans and a clear communication strategy.

Predictions of invited experts broadly divided into two categories – those who were optimistic about the future and others who warned about tough times ahead.

CFA Russia invited Evgeny Nadorshin, a chief economist of the private investment fund PF Capital, to its regular business breakfast on March 15 to discuss the true state of the Russian economy.

The CFA Association (Russia) held its annual main dinner, the Forecast Dinner, at the Tchaikovsky restaurant.

In recent years, new elements of significant importance: - Quantitative easing by westerncentral banks and the faith ijn fiat currencies - US Dollar used as a weapon (mixing geopolitics and reserve currency status) - Huge fines charged to some banks for breaking embargo (9 Bios to BNPParibas) - BRICS development Bank