Thursday, December 8, 2011

What led to the Russian Revolution of 2011? The possible return of Tsar Putin!!

Thousands of people have taken to Moscow streets to protest the result of the Dec. 4 parliamentary election, which was marred by complaints of violations and ballot-stuffing. The Solidarity movement, an umbrella opposition group, has planned a rally tomorrow near the Kremlin. Prime Minister Vladimir Putin’s United Russia party lost 12 million votes, or more than a quarter of the support it garnered four years ago. Urals crude, Russia’s chief export blend, hit a two-week low.


Russian politics has become an issue, and for investors, that’s something new, and for some people, it does create uncertainty,” Martin Diggle, director of the $70 million Vulpes Russian Opportunities Fund, said in a phone interview from Geneva. “Europe remains a drag on stocks, and oil is also down.”

No comments:

Post a Comment