Potential growth is between 4 percent and 5 percent, and the central bank may help by easing monetary policy, according to Klepach. Even so, Russiaâs economy had a âvery respectableâ showing last year, said Ivan Tchakarov, chief economist for Russia at Renaissance Capital in Moscow.DP probably expanded 2.4 percent in the final three months of last year compared with the same period a year earlier, according to the median of 17 estimates in a Bloomberg survey. Growth reached an estimated 2.2 percent, Klepach said.
Broker means a person lawfully engaged in the business of effecting transactions in securities or commodities for the person's own account or for the account of others. Each country and state has its own broker regulations. Broker usually acts as a liaison between a buyer and a seller, whether it is a house, an insurance policy or a business purchase. All states require a broker to be a licensed professional. To obtain a license a potential broker must pass a written test. A broker owes a fiduciary duty to the owner/or buyer to act according to the owner's/buyer's instructions, and in the best interest of the owner, notwithstanding the manner in which the broker is compensated.
CFR: Title 49: Transportation - PART 371 - Brokers of Property. General Definition. A freight broker is an individual or company that serves as a liaison between another individual or company that needs shipping services and an authorized motor carrier. Though a freight broker plays an important role in the movement of cargo, the broker doesn't function as a shipper or a carrier. Instead, a freight broker works to determine the needs of a shipper and connects that shipper with a carrier willing to transport the items at an acceptable price. To operate as a freight broker, a business or individual must obtain a license from the Federal Motor Carrier Safety Administration (FMCSA).