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Time for the US to strike back

The chief investment officer of a major Russian asset manager this morning called for the US to 'strike back' and lead major economies out of recession in a wide ranging note which damns 'hostile' immigration officers and embassies that resemble 'the Death Star from Star Wars'

The chief investment officer of a major Russian asset manager this morning called for the US to 'strike back' and lead major economies out of recession in a wide ranging note which damned 'hostile' immigration officers and worldwide embassies which look like "the Death Star from Star Wars."

Plamen Monovski, CIO of Renaissance Asset Managers, which has $1.5bn in assets and is part of Russia's Renaissance Group, said the world needed a stronger US, pointing out that despite its problems, it remains the largest foreign investor in the world, the biggest market for almost all of the world's multinationals, and the third greatest repository of natural resources.

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