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Russian economy: safe haven or oil bubble?

2008-03-24 1 Dailymotion

As the US economy has already fallen into a recession, according to the majority of economists, and the European one doesn't feel well, the so-called BRIC countries -- Brazil, Russia, India and China -- are attracting more and more foreign investors. Is Russia a truly safe haven in the troubled waters of the world economy? How will the current crisis affect Russian economic development? To answer these questions, our guest today is Aleksey Novikov.