Wednesday, December 30, 2009

The Debts of the Lenders: Russia Warns Against Capital Inflows

First Brazil. Now Russia. Only 2 more BRICs to go (China and
India).

"We need to correct the rules so that it is less interesting for
speculative capital to come running into Russia," Mr Putin told journalists while on a trip to Vladivostok, in the far east of Russia.

He said: "It flows in quite well, works here, but creates problems, because if crisis hits, it leaves quickly."

http://www.ft.com/cms/s/0/1cb8df02-f4e2-11de-9cba-00144feab49a.html

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