Russia was dragged into the global crisis

Finansy05-08-2008 Russia was dragged into the global crisis hopes were dashed - the Russian market will not become a "safe haven" during the "storm" of global financial crisis. Large Western investment banks still dragged Russia into the funnel of the crisis, experts say. The world economy is in recession, and Russia will not allow to stay away. Experts advise a lot of patience. Having last week, some respite, domestic stock exchanges continue to fall, showing the worst dynamics of the markets of developing countries. Even though the 50-70-percent growth potential of the fundamental papers of leading Russian companies, foreign players are fleeing the Russian market. On Tuesday trading on the Russian stock market opened negatively, aided by external environment. U.S. stock indexes down: fell heavily paper oil and gas sector against desheveyuschey oil, as well as shares of the banking sector, following statements by representatives of the big investment bank HSBC bank a loss of order 2.9 billion dollars in the first half of 2008. Heavy atmosphere and in Asian markets. As a result, today, the MICEX index slid to 21-month low, dropping to 1.22%, to 1433.79 points. At the same time RTS index has updated the annual minimum, falling to 2%, to 1857.92 points.