2008–2009 Russian financial crisis
The 2008–2009 Russian financial crisis, part of the world Economic crisis of 2008, was a crisis in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009. According to the World Bank, Russia’s strong short-term macroeconomic fundamentals made it better prepared than many emerging economies to deal with the crisis, but its underlying structural weaknesses and high dependence on the price of a single commodity made its impact more pronounced than would otherwise be the case.
Many Russians shrug at financial crisis
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
Russian bears latest victims of financial crisis
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
The Hispanic vision of the US 2008-2009 financial crisis
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
Russians feel impact of financial crisis [VIDEO]
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
Global financial crisis 2008-2009: The left was wrong again
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
Larry Summers: More Stimulus Needed For Jobs Crisis
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM
Is a financial crisis overdue?
Posted by admin / Under 2008–2009 Russian Financial Crisis
Published on Saturday 11th of February 2012 04:59:10 AM




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