Wednesday, September 17, 2008

CRISIS in Russia: indefinite closure of the stock exchange

The government of Russia has announced that it will provide 44,000 million dollars (1.3 billion rubles) to its three largest banks to three months, extendable term if necessary, as reported by the country's Finance Minister, Alexei Kudrin. The action takes place after the sharp fall recorded by the Russian markets, which has led to the decommissio

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