Mittwoch, 1. Oktober 2008

Russia is on the breach of „bankruptcy“











Russian indices are following the footsteps of world market and there is nothing promising... V.V. Putin disagrees that there is any reason to worry and that financial, oil production and other institutions should stay on their original course. Of course FDI are decreasing if not going to disappear, Russian main stocks close down with red indices, and the new decision of the Russian prime minister that 26% each company will be paying from its yearly income per worker. All that I would not call nothing to worry, when the prices fall rapidly from over 100$/barrel soon as projected below 60$! Meaning Russia is on the edge of losing out on natural resources (which is 70% of the country`s income), banks cant provided loans, people are confused, the country might just have enough to survive!! Of course there was a big profit made with the incredible increase of the oil prices, however it might just be enough to stay on the “surface”

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