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. Last Updated: 07/27/2016


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Medvedev Tops Up Market Funding

Another $29 billion is offered to prop markets, banks and oil companies.

State Set To Buy If Stocks Weaken

Staff Writers
Russia’s badly shaken stock exchanges were set to reopen Friday after a day and a half of suspended trading, as President Dmitry Medvedev pledged that up to 500 billion rubles ($19.7 billion) of state funds would be available to prop up distressed stocks, including those of large state-controlled firms.

Brenton Offers Advice After 4 Rocky Years

British Ambassador Tony Brenton is stepping down at the end of this month to write a book about Alexander Menshikov, who was the de facto ruler of Russia after Peter the Great’s death.

Sochi Forum Meets Under Damp Skies

The heavy rain and wind that greeted participants of the Sochi Economic Forum last night created a symbolic atmosphere given the recent turmoil in the country's financial markets.

Prices on Options Exploding

Buying Russian options as protection from plunging stocks will probably be unprofitable because contract prices have surged after the nation's equity market lost one-quarter of its value this week, investors said Thursday.

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