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Politics : Foreign Policy Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (9011)12/2/2008 1:51:52 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 15991
 
Putin Labels Markets 'Unfair' ..... (OUCH!!!)
02 December 2008
By Courtney Weaver / Staff Writer

Prime Minister Vladimir Putin described the effect foreign markets have on domestic share prices as "unfair" during a government meeting Monday, saying the values of the securities do not accurately reflect those of the companies themselves.

.........and again blamed the West for the country's economic difficulties, adding that those trading on domestic exchanges would be compensated for financial losses, Interfax reported.

"Decisions concerning which securities to buy or sell on Russian markets are, for the most part, made abroad," Putin said, the news agency reported. "Moreover, the criteria by which these decisions are made have very little connection to the actual state of our economy or Russian companies."

themoscowtimes.com



To: TimF who wrote (9011)12/3/2008 9:13:32 AM
From: Hawkmoon  Read Replies (1) | Respond to of 15991
 
Ah.. how the mighty have fallen.. ;0)

Any bets on how long Hugo will be able to hold on to office?

Hawk