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Russia suspends trading on stock exchange (15% drop)
New Straits Times ^
| 10/06/08
Posted on 10/06/2008 6:31:13 AM PDT by TigerLikesRooster
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Somehow I don't feel sorry about this. I would probably continue to do so until Vladi is hanged.
To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...
2
posted on
10/06/2008 6:31:49 AM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
Wonder if Putin will be deposed by all the new-money Russians who don’t like seeing their wealth destroyed; all because Putin wanted to take over Georgia, as part of his plan to be the next Peter the Great.
3
posted on
10/06/2008 6:32:45 AM PDT
by
ikka
To: TigerLikesRooster
Just what is the % value of the Russian exchange compared to pre-Georgian invasion? It’s gotta be waaaaayyyyy down from all the threads I’ve read lately.
4
posted on
10/06/2008 6:34:42 AM PDT
by
Roccus
(POLITICIAN.....................A four letter word spelled with ten letters.)
To: TigerLikesRooster
Isn’t this the fourth time in a month?
5
posted on
10/06/2008 6:34:59 AM PDT
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: TigerLikesRooster
The ole war machine puts a lot of people to work, but plays hell with an economy.
6
posted on
10/06/2008 6:37:32 AM PDT
by
umgud
(In a crisis, dump gold, buy lead)
To: Roccus
It is about two thirds down from the peak. Now somewhere in upper 700’s. The peak was around 2500.
7
posted on
10/06/2008 6:38:33 AM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
OIL down $4.13 at this time (09:39 eastern) ,,, Russia no likee oil go down..
To: TigerLikesRooster
Would most of that 60+% loss be domestic or the result of foreign investors pulling out? (or just a combination of both)
9
posted on
10/06/2008 6:43:51 AM PDT
by
Roccus
(POLITICIAN.....................A four letter word spelled with ten letters.)
To: ikka
Putin the Great and his generals talking about Ukraine being naughty and needing to be punished next ....... that’ll leave a mark
10
posted on
10/06/2008 6:45:13 AM PDT
by
silverleaf
(Fasten your seat belts- it's going to be a BUMPY ride.)
To: TigerLikesRooster
This is getting to be a daily occurance.
11
posted on
10/06/2008 6:45:17 AM PDT
by
mlocher
(USA is a sovereign nation)
To: TigerLikesRooster
Again???
Isn’t this about the 5th in the last few weeks?
What’s the total drop?
12
posted on
10/06/2008 6:47:27 AM PDT
by
Redbob
(W.W.J.B.D. - "What Would Jack Bauer Do?")
To: TigerLikesRooster
As happy as I have been in China Ultra Short funds, I wish now I had picked Russia to bet against instead.
13
posted on
10/06/2008 6:49:26 AM PDT
by
NeoCaveman
(Back in the USSA)
To: Roccus
My guess is it is a combination of:
Oil going from 145 to below $90 and
Foreign investors fleeing as Putin gets more “Soviet” by the day.
14
posted on
10/06/2008 6:50:52 AM PDT
by
NeoCaveman
(Back in the USSA)
To: Roccus
Putin destabilized the domestic financial market exactly at the wrong time, just before financial tsunami envelops the whole world.
Vladi played a little game of near-abroad imperialism, coupled with naked confiscation of foreign assets. It badly weakened Russian financial system, now is being hammered by the force Vladi never imagined. Maybe he was too preoccupied with destabilizing U.S. to pay attention to what is coming to Russia.
15
posted on
10/06/2008 6:52:31 AM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: NeoCaveman; TigerLikesRooster
16
posted on
10/06/2008 6:53:07 AM PDT
by
Roccus
(POLITICIAN.....................A four letter word spelled with ten letters.)
To: Redbob
about 70% from the peak(which was reached in less than a year ago.)
17
posted on
10/06/2008 6:53:50 AM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: NeoCaveman
Putin has leveraged oil producers to such an extent that producers are loosing money if oil drops below about $85 per barrel they start loosing money! “... Urals blend is now priced in Rotterdam at $88 per barrel. With the Primorsk FOB Urals price (ex-freight, clearing fees and port charges) at about $86/bbl, Russian companies are paying $68/bbl in export duties and another $17.40/bbl in oil extraction taxes. That results in more than $85/bbl being paid into the treasury in these two taxes alone...” http://fredfryinternational.blogspot.com/2008/09/only-in-russia-oil-producers-losing.html
Pootie has a very big problem is the producers stop producing!
18
posted on
10/06/2008 6:58:45 AM PDT
by
WellyP
To: WellyP
Pootie has a very big problem is the producers stop producing! It couldn't have happened to a nicer thug.
19
posted on
10/06/2008 6:59:38 AM PDT
by
NeoCaveman
(Back in the USSA)
To: NeoCaveman
At $70 per barrel they will consider shooting him! (maybe sooner!)
20
posted on
10/06/2008 7:01:04 AM PDT
by
WellyP
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