Interview with Pavel Sorokin
Published: 22 September, 2008, 12:42
TAGS: Interview
The government is injecting money into Russia’s financial markets to ease the credit squeeze. But the intervention can in no way be compared to US’s bail-out package aimed at resolving the global crisis, says economist Pavel Sorokin.
Carrefour to open up in Krasnodar with $100 million outlayFrench retailer Carrefour has announced plans to put $100 million into developing its presence in Russia, beginning in the Krasnodar region. |
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. |











