yes, its the impact of whats going on there . no fundamental change to EXi and so should come back when things settle down. Not sure how this will all play out but assume that Putin will step back as not to do so would be a disaster for Russia in the medium term and his own people will not satnd for it as gambier01 pointed out.
Share price fall
Yet again we see the share price fall as fearful investors outweigh the brave ones. Well, perhaps not brave just a bit more trusting. This latest price fall is just another chance to pick up some cheap shares but I'd wait a few more days until the government supported anti Russian campaign comes to a close. By the way, I'm not Russian, just glad Britain doesn't have any squabbling neighbours to deal with at the moment.
Gamblier01, vgas is very similar to exi.
It would appear that Ukrainian rebels armed by the Russian government have carried out this act. I would assume they were trying to shoot down a military plane but through utter incompetence have shot down a civilian airliner. Putin has to take responsibility in my mind, he may not have put in a order in to carry out the attack , but if you give a group of mindless thugs that sort of weaponry then you set the fuse. The Russians have been goaded by the West on the Ukraine issue for years. The provocation has been completely ignored by the Western press as it doesn't suit their narrative - Russia evil / America good. This is the problem with Russian investments, you have a country that still feels the need to project power through the military instead of economic development. Russia has a lot of talent going to waste, one can only dream that Gary Kasparov would gain power and all this sort of conflict would end. In a stable Russia with strong a strong independent judiciary, Russian stocks would take off.
interesting times indeed. lets see and i think its going to be a white knuckle ride down a long russian slide. Not good for the old heart pressure!!!!! By the way any views on which side fired the rocket. Sounds like the Ukrainians to me as Putin has denied any involvement.
If Putin goes wild it becomes the endgame for him. The oligarchs will not tolerate it and if the economy slips beyond a certain point the Russian people will not tolerate it. Russia is now the only country willing to oppose the American hegemony, his strength against their influence is the very thing that makes him popular in Russia. He has to tread a fine line between this and utter chaos from international isolation. The 'Russian Factor' is baked into the sp of every Russia operating stock, it has been for ten years. If he seized western assets operating in Russia then the capital outflows that would follow would cripple the Russian economy within a few days. Such an event would result in social collapse. Interesting times
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