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Posts Tagged ‘ Putin ’

The Trouble Keeps Adding up for Russia

Dec 9th, 2008 | By Andrew Snyder | Category: Financial News

For Russia lately, when it rains it pours. Not only have plummeting oil prices destroyed the country’s economy, but virtually nobody paid attention to its semi-aggressive war games last month. Even worse, Putin swears he will not be running for president anytime soon. Ford, Volkswagen and Renault are cutting their Russian production. And now the country’s currency gets a public smack in the face.



Russia: Energy Priority #1

Jun 4th, 2008 | By Byron King | Category: Emerging Markets

While US Senators and House Members call in US oil executives to berate them, and shareholder activists pillory the Boards of large oil companies for allowing the CEO to serve as Chairman, Mr. V. Putin of Russia implores his shipbuilders to build new and advanced vessels to develop that nation’s offshore energy deposits.



Bank of England vs FSA, Who should pull the Trigger on Failing Banks?

May 7th, 2008 | By Ben Traynor | Category: International Investing

How does a bank work? In very simple terms, a bank collects deposits from savers, and lends the money to borrowers. It pays interest on the deposits, charges a higher rate of interest on what it lends, and keeps the difference as profit.