Archive for September 22nd, 2008
Will the Russian Economic Crisis Create a Political One?
By Sean at 22 September, 2008, 7:48 am
Moscow’s stock market soared almost 30 percent on Friday thanks to the Russian government announcement it would dump about $130 billion into the sagging market. Today, it injected more credit into the market just to make sure. About $24 billion worth at 8.75 percent interest. The move was to disperse more capital among banks pushed [...]
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