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Purity of race does not exist. Europe is a continent of energetic mongrels. - H.A.L. Fisher

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Happy Families Russian Style

Posted on September 27, 2008

Happy families are all alike; every unhappy family is unhappy in its own way TolstoyPresident Dmitry Medvedev s recent decision to inject $20 billion into Russia s flagging stock markets which were down nearly 50% from last May at the time - together with the $60 billion odd dollars of support injected into its groggy banking system have served to draw attention to the fact that it hasn t only been over there , on the other side of the Atlantic, that the financial turmoil has been busy raging. This simple point was further emphasized, if need there was for it, by the fact ...

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Tags:
central bank , commodities , economy , foreign exchange , inflation , interest rates , oil , output , purchasing managers
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