Search results
Results from the WOW.Com Content Network
There was only the so-called "black market". The securities market in Russia began to revive in the first half of 1991 after the Decree of the Council of Ministers of the Russian Soviet Federative Socialist Republic No. 601 of December 25, 1990 "On approval of the Regulations on joint-stock companies" was adopted. However, for a long time the ...
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
The crisis affected the Russian economy, both consumers and companies, and regional financial markets, as well as Putin's ambitions regarding the Eurasian Economic Union. The Russian stock market experienced large declines, with a 30% drop in the RTS Index from the beginning of December through 16 December 2014.
[45] [46] [47] The fall in the oligarchs' wealth relates closely to the meltdown in Russia's stock market, as by 2008 the RTS Index had lost 71% of its value due to the capital flight after the Russo-Georgian War of August 2008. [48] Putin (left) with Oleg Deripaska (right) in the Kremlin in March 2002
Russia: 71 11.5 –US$6.9B: Steel, telecom, and investments in the privatization of Russia [11] 8: 173 Gennady Timchenko: Russia Finland Armenia: 72 11.3 –US$10.7B: Oil & gas industry and investments in the privatization of Russia [12] 9: 177 Andrey Melnichenko: Russia United Arab Emirates: 52 11.1 –US$6.8B: Coal industry and fertilizer [13 ...
Russian financial crisis may refer to: 1998 Russian financial crisis; Great Recession in Russia (2008–2009) Russian financial crisis (2014–2017) 2022 Russian financial crisis, which started in the aftermath of the Russian invasion of Ukraine.
Shortly after the list was released, it was reported that the Treasury Department had simply copied it from the Forbes ' 2017 "World Billionaires" list: people, including those with non-Russian citizenship on the Forbes list who had Russian heritage and a net worth of $1 billion or more, had been indiscriminately included in the CAATSA Report.
Economic sanctions affected Russia from the first day of the invasion, with the stock market falling by up to 39% . The Russian ruble fell to record lows, as Russians rushed to exchange currency. [47] [48] Stock exchanges in Moscow and St. Petersburg were suspended until at least 18 March, making it the longest closure in Russia's history. [49]