Just six months ago, Russian financial workers complacently watched the credit crisis unfold in the West, but they are now laughing on the other side of their faces. The supposed security turned out to be chimerical, and even the country’s biggest and strongest institutions, such as the leading investment bank Renaissance Capital, appear to be struggling to stay afloat. Alexey Kudrin’s “island of stability” turned out to be not much of an island, as it shares long borders with the tumbling global economy.
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.
