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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: doormouse who wrote (408)8/7/1998 4:09:00 PM
From: Real Man  Respond to of 1301
 
This does not mean it can't decline more, though. But at less than
10% of GDP a decline in stock prices can't really hurt the economy.
In comparison, if US stock prices decline 10%, the damage relative
to GDP is a lot more than what a total stock market wipeout
would do in Russia. There are dark clouds on the global market horizon, and Russia's recovery may be delayed.

Almost forgot:
headlines.yahoo.com



To: doormouse who wrote (408)8/7/1998 4:46:00 PM
From: Real Man  Respond to of 1301
 
It appears the present Kiriyenko government is the best Russia
ever had. It severely damaged the interests of oligarchs in favor
of the true market economy, and it also appears, it cannot be bought.
So there is a lot of negative press in Russia about Yeltsin, etc.
They want to have "their" government. If the government succeeds, it
will be very positive for Russia. However, there is not much hope.


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