Friday, August 29, 2008

My Way News - Fears of isolation as investors flee Russia
AP reports: "Increasingly cut off from the global world, Russian President Dmitry Medvedev risks undoing many of the successes of the past 10 years, ranging from the country's robust economic growth to a growing sense of national prestige and purpose. Stock markets plunged, and Russian Finance Minister Alexei Kudrin said more than $7 billion was pulled out of the country in just two days, exposing the fragility of Russia's nine-year economic boom."

No comments: