russiaprofile (russiaprofile) wrote in russia_profile,
russiaprofile
russiaprofile
russia_profile

Russia’s Stock Market Appears Immune to Governmental Financial Injections

Three big loans from the government in a row have apparently been unable to prevent Russia’s stock markets from plunging, Russia’s banks from stopping credit operations, and Russian oil companies from asking for a bailout. Some experts are even apprehensive of these measures, as most of these funds went to state-owned enterprises that are unlikely to throw the money back into the economy.
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RP
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