On Thursday's Fast Money, CNBC's Maria Bartiromo uncovered a new reason why investors should consider Russia — it could be the next Silicon Valley.
Just back from a trip to Russia, Bartiromo says the country is the largest exporter of oil and natural gas. But the ups and downs of oil prices are holding Russia back, she says. Its economy expected to grow at just 4% this year, she says, while other emerging economies are expecting 8 or 9% growth. To fix that, Russia plans to diversify the economy and President Dmitry Medvedev is looking to the tech space. Bartiromo learned he's making headway.