After?
Or?
Before the markets hit 7500?
I love the 'mind speak' of this administration. Bush and his cohorts want to call all countries together to coordinate the crash of the markets. That was admirable, wouldn't you say?
So. About those disarmament talks.
MOSCOW, October 7 (RIA Novosti) - Russian opposition parties and trade union leaders said Tuesday the country's economy was on the brink of a crisis, slamming the government and calling for urgent action.
Russia's financial system has been badly affected by the global economic crisis, with record losses on its financial markets, rising interest rates and a liquidity shortage.
Communist Party MP Vadim Solovyov said the Russian economy had started to take "heavy blows."
"We think the Finance Ministry and the minister himself are directly to blame," he said, accusing the ministry of using the proceeds of Russian oil and gas exports to buy foreign assets instead of supporting domestic businesses.
"Small enterprises and entrepreneurs have also taken loans, so it [crisis] can lead to a series of failures among small and medium businesses, millions of people will find themselves jobless, and that will lead to enormous social tensions," he said.
"We are half a step away from a default," Solovyov added. "Our entire economy could collapse overnight."...
Russia's financial system has been badly affected by the global economic crisis, with record losses on its financial markets, rising interest rates and a liquidity shortage.
Communist Party MP Vadim Solovyov said the Russian economy had started to take "heavy blows."
"We think the Finance Ministry and the minister himself are directly to blame," he said, accusing the ministry of using the proceeds of Russian oil and gas exports to buy foreign assets instead of supporting domestic businesses.
"Small enterprises and entrepreneurs have also taken loans, so it [crisis] can lead to a series of failures among small and medium businesses, millions of people will find themselves jobless, and that will lead to enormous social tensions," he said.
"We are half a step away from a default," Solovyov added. "Our entire economy could collapse overnight."...
If only Carlyle was on better terms with Vladimir. Darn shame.
Panic as Russian stock market falls by almost 20% (click here)
21:51
06/ 10/ 2008
MOSCOW, October 6 (RIA Novosti) - The Russian stock market gave in to panic on Monday with the MICEX dropping 18.6% to 752 points and the RTS falling by 19.1% to 866.39 points - the worst losses since the 1998 crash.
Russia's financial system has been affected by a global credit crunch which started in the U.S. and quickly spread to Asia and Europe leading to record losses on Russia's financial markets, rising interest rates and a liquidity shortage....
Russia's financial system has been affected by a global credit crunch which started in the U.S. and quickly spread to Asia and Europe leading to record losses on Russia's financial markets, rising interest rates and a liquidity shortage....
So, no one in the Ukraine should be cold this winter.
KIEV, October 7 (RIA Novosti) - Gazprom Sbyt Ukraine, a subsidiary of the Russian energy giant, will deliver about 5 billion cubic meters of natural gas to industrial consumers in Ukraine this year, the company's general director said Tuesday.
"We plan to reach 5 billion cubic meters by the end of the year," Anatoliy Podmyshalskiy said.
He added that the company would supply about 550 million cubic meters of gas in October.
Gazprom holds a 100% interest in Gazprom Sbyt Ukraine, established under a Ukrainian-Russian agreement of March 12, 2008, to operate on the Ukrainian market.
The company holds a five-year license to sell 7.5 billion cubic meters of gas a year to Ukrainian consumers at unregulated tariffs....
"We plan to reach 5 billion cubic meters by the end of the year," Anatoliy Podmyshalskiy said.
He added that the company would supply about 550 million cubic meters of gas in October.
Gazprom holds a 100% interest in Gazprom Sbyt Ukraine, established under a Ukrainian-Russian agreement of March 12, 2008, to operate on the Ukrainian market.
The company holds a five-year license to sell 7.5 billion cubic meters of gas a year to Ukrainian consumers at unregulated tariffs....
Good job, Georgie.
KIEV, October 6 (RIA Novosti) - Ukraine's defense ministry dismissed on Monday reports that the country is ready to use force to seize the Black Sea Fleet's navigation and hydrographic support facilities in the Crimea.
A lawmaker from the pro-Russian opposition Party of Regions, Taras Chornovil, said earlier Monday that Ukrainian President Viktor Yushchenko and his inner circle are planning military action to seize the disputed facilities, which would lead to further tension in Russian-Ukrainian relations.
"This [information] is untrue," a defense ministry source said....
A lawmaker from the pro-Russian opposition Party of Regions, Taras Chornovil, said earlier Monday that Ukrainian President Viktor Yushchenko and his inner circle are planning military action to seize the disputed facilities, which would lead to further tension in Russian-Ukrainian relations.
"This [information] is untrue," a defense ministry source said....
