From Russia with Love: Medvedev means profits
Posted by Martin Hutchinson on May 9, 2008
“Though it’s admittedly unpleasant to say so, there’s a point at which the effects of high oil prices are so great that in the short run they far outweigh one’s distaste for the thuggish Russian regime.” — Martin Hutchinson
by Martin Hutchinson
Baltimore – (TFN): New Russian President Dmitry Medvedev wants better links with Europe. Judging by the performance of outgoing President Vladimir Putin, Europe should beware: The so-called “links” he’s seeking may resemble those used to chain together prisoners in the Gulag.
On the other hand - though it’s admittedly unpleasant to say so - there’s a point at which the effects of high oil prices are so great that in the short run they far outweigh one’s distaste for the thuggish Russian regime. And at $123 a barrel, we may be at that point.
Politically, Russia has pretty much reverted to the pre-1991 Soviet system.
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He “Retired” at 43… But He’s Still Making People Rich
The last few months have been treacherous ones for investors. Oil has spiked. The housing market has rolled over. A stubborn credit crunch has induced fears of recession. And most stock market investors have taken it on the chin.
But not all . . .
One small group of traders has been able to use the recent volatility to take advantage of elite international stocks researched and recommended by Oxford Club Investment Director Alexander Green. For example, while stock market averages both here and abroad have slumped, his new service is still generating double and triple-digit gains.
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Today, just like then, there’s only one real party: The United Russia party, which controls 315 of the 450 seats in the Duma (essentially the lower house of parliament) and whose leader is one Vladimir Vladimirovich Putin. There is considerable censorship of the media, and dissident reporters and editors have a habit of disappearing - not that there are many left now. There is huge emphasis on military power, and on throwing Russia’s weight around in foreign policy.
From Russia with Love: What’s new about the “new” Russia
However, there are a couple of significant economic differences between today’s Russia and the pre-1991 Soviet Union. Read on to discover five stocks that will profit from Russia’s current regime.
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