Rafarma Pharmaceuticals, Inc. (RAFA) Benefitting from World Economic Challenges
Russia, like so much of Europe, Asia, and other parts of the world, has been wrestling with slow growth. For many countries, including the U.S., the problem has been a growing debt crisis, and the associated attempts to get expenditures back in line with income. It’s a crisis often blamed on years of over-spending politicians who have gradually learned to trade fiscal responsibility for short-term political expediency. But in the case of Russia, where the debt to GDP ratio is low, the challenge has been about dealing with an over-dependency on oil and gas exports in a world suddenly flush…
