yesterday Veronica pointed some blog to me where ruble drop in the last days to dollar and euro was dicussed as a result of Luzhkov departure to Austria, that may be final.
ruble lost smth like 4 percent or еven more in several days
so today wsj reported this:
Money and politics are never far apart. In Russia, rumors of the possible departure of Moscow's ultimate power couple—Mayor Yuri Luzhkov and his wife, Yelena Baturina, Russia's richest woman—is being blamed for some of the recent decline in the ruble. Mr. Luzkhov, who has ruled Russia's capital with an iron fist for almost two decades, has come under heavy attack from Russia's state-owned television networks in what locals see as evidence he has fallen out with the Kremlin.
Among the allegations made by state television, Mr. Luzkhov has been accused of helping his wife, worth an estimated $2.9 billion as the head of construction firm Inteko, by sending plum contracts her way. The couple each deny the allegations. But if they are forced to leave the country, traders fear they might try to liquidate their Russian assets—adding to the current gloom over the ruble.
Wall Street Journal о Лужкове
Date: 2010-09-21 10:51 pm (UTC)yesterday Veronica pointed some blog to me where ruble drop in the
last days to dollar and euro was dicussed as a result of Luzhkov
departure to Austria, that may be final.
ruble lost smth like 4 percent or еven more in several days
so today wsj reported this:
Money and politics are never far apart. In Russia, rumors of the
possible departure of Moscow's ultimate power couple—Mayor Yuri
Luzhkov and his wife, Yelena Baturina, Russia's richest woman—is being
blamed for some of the recent decline in the ruble. Mr. Luzkhov, who
has ruled Russia's capital with an iron fist for almost two decades,
has come under heavy attack from Russia's state-owned television
networks in what locals see as evidence he has fallen out with the
Kremlin.
Among the allegations made by state television, Mr. Luzkhov has been
accused of helping his wife, worth an estimated $2.9 billion as the
head of construction firm Inteko, by sending plum contracts her way.
The couple each deny the allegations. But if they are forced to leave
the country, traders fear they might try to liquidate their Russian
assets—adding to the current gloom over the ruble.
http://webcache.googleusercontent.com/search?q=cache:hWdilKQsKmAJ:online.wsj.com/article/SB10001424052748704416904575502021530455174.html+Overheard:+Russia's+Mr.+and+Mrs.+Ruble&cd=2&hl=en&ct=clnk&gl=us&client=firefox-a