On July 24, Prime Minister Vladimir Putin publicly lambasted OAO Mechel and its CEO Igor Zuzin for alleged price fixing, thus halving the company’s share price and sending the Russian stock market into a ditch. Putin’s comments not only shattered foreign investors’ confidence in the Russian market, so meticulously fostered by President Dmitry Medvedev, but also demonstrated that the prime minister still has the upper hand, thus aggravating the relationship between the mentor and the protégée.
Please log in to view the complete article for FREE.
Already a Registered user? Log in here:
Not a registered user? Register here for FREE access to all RUSSIA PROFILE articles.
