Alex's Outlook

Tuesday, August 05, 2003

You might have read in the news recently about Vladimir Putin's attack on Mikhail Khodorovsky, Russia's richest man who made the mistake of funding a liberal opposition party to Putin's United Russia party. Khodorovsky runs Yukos Oil, one of the largest oil companies in the world. Anyway, Putin arrested him and has put all of Khodorovsky's assets under siege. Since then the Russian stock market, normally one of the best-performing in the world, has lost fifteen percent.

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