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Caucasus/Russia/Central Asia |
Economy Shrinks by 8% In First 2 Months of 2009 |
2009-03-23 |
The economy shrank 8 percent in the first two months of the year, the Economic Development Ministry said Friday, as First Deputy Prime Minister Igor Shuvalov signaled that growth could return by the year's end. |
Posted by:Fred |
#1 A lot of us hold US T-bills. Viable companies should be going after same by issuing viable - vs "junk" - corporate bonds. The banks need re-financing and the new big equity holder - US Treasury - needs to sell off same. As long as a company is operating, bonds pay off. With better corporate disclosure legislation, investors can best determine where the smart money should go. |
Posted by: Craimble the Imposter5967 2009-03-23 16:14 |