Tuesday, September 23, 2008
A kinder, gentler Kremlin. Perhaps or perhaps not, but sometimes symbolism does matter. In recent months Prime Minister Putin had stern words for the Russian metals company Mechel, causing its stock price to drop dramatically. On a recent trip to Kazakhstan, President Medvedev met with senior company officials and was very pleasant. Yes, a pleasant meeting really is something that can affect an industrial giant’s stock price. Stay tuned for more developments.
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