Thursday, March 6, 2014

Market Repercussions - Week 7

The articles are about how the current tension between Ukraine, Russia, and the European Union has affected or will affect the global and local markets.  Due to the turmoil over Crimea, many people have been selling their Russian shares in the stock market in hopes that the don't lose money if shots start to be fired.  The ruble is losing its value due to the conflict and therefore people are getting out before it gets any lower. Although many people are selling, Russia has said they are not losing any of their important investors.  This is important because the Russia stock market is going to plummet even more if the conflict erupts and the ruble will drop too.  Much lower than it has already dropped since the beginning of the year.






Works Cited
Medetsky, Anatoly. "Investors Unfazed by Ukraine Conflict | The Moscow Times." The Moscow Times.
The Moscow Times, 5 Mar. 2014. Web. 05 Mar. 2014. <http://www.themoscowtimes.com/news/article/investors-unfazed-by-ukraine-conflict/495591.html>.
Reuters. "Markets Feel Repercussions of Ukraine Turmoil | The Moscow Times." The Moscow Times. The Moscow Times, 28 Feb. 2014. Web. 05 Mar. 2014. <http://www.themoscowtimes.com/business/article/markets-feel-repercussions-of-ukraine-turmoil/495380.html>.

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