Archive for October 16th, 2008

Russia’s Bubble Bursting

By Sean at 16 October, 2008, 9:25 am

Up and down. Down and up.  Like all world markets,the Russian MICEX and RTS indexes have been on an endless roller coaster ride.  Both markets didn’t benefit from Monday’s American and European rallies driven by American and European governments throwing capital a life line.  Instead the MICEX and RTS plummeted .  Some of those losses [...]

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