Forbes: Moscow has a chance for world capital

Moscow has all chances to seize the title of «capital of the world“ in the metropolis such as New York, London, Paris or at least equal status with them, says Forbes in their forecast, published in the journal sryada.Ot decided to look into the future, Having taken note of the rapidly changing balance of power among the rapidly developing markets, the inflow of capital and labor, and the pace of infrastructure development, writes RIA Novosti. «15 years ago, Moscow was at the bottom, a city filled with people lined up on the tail of low quality goods. Today, its hotels are among the most expensive in the world. Russia’s vast, energy industry, which dominates in Europe is a key factor in the conversion process, „writes Forbes. Magazine wrote that the Russian capital radically alter its appearance after the disintegration of the USSR. The city, which before the rise a few tall buildings, such as the MGU appears today as a modern business capital already built or under construction business centers – skyscrapers. «With a population of 10 million people, Moscow today is ranked among the largest cities in Europe and may still be growing, especially in the growth of energy prices,“ says Forbes. The list of contenders for the title of «capital of the world“ attended by Shanghai and Beijing China, India Mumbai, Sao Paulo, Brazilian, Canadian Calgary, emirate of Dubai, Perth Australia, and emerging Houston and Dallas in USA. «World capitals of tomorrow will likely be located in the Western Hemisphere, in countries such as China, Russia and Australia, predicted Edition. Indeed, the current centers of financial and political influence as Tokyo, New York, London, Paris, Seoul, Singapore and Hong Kong will lose its status in the near future and will hardly go into the background, writes Forbes.

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Finance

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