Interview with Lyndon Larouche
Published: 22 September, 2008, 20:00
TAGS: Interview
Analysts say the turmoil in the Russian markets was caused by the global financial crisis. “This is the greatest crisis in history since the 14th century, though it's not yet realised,” said Lyndon Larouche, an economist and political activist
Monday sees Russian markets make moderate gainsA light day's trade on Monday saw Russian stocks improve slightly, with traders taking a breather after last week's frenetic activity. At the end of the day the RTS and Micex closed up 1.05% and 0.62% respectively. |
Onexim buys stake in Renaissance CapitalRussian billionaire Mikhail Prokhorov, through his Onexim Group, is buying half of investment bank Renaissance Capital. Onexim will pay $500 million for the stake, through a share issue. Both sides deny the deal is the result of stock market volatility. |











