Rouble trouble

Editorial discusses the crisis facing the Russian economy. It says that Russia intends to inject capital into the main banks to increase lending. That, with fiscal expansion, is the best way to address the rouble’s decline.

ESO: Background information: Fitch cuts Russia’s credit rating http://www.europeansources.info/record/fitch-cuts-russias-credit-rating/

Russia Today, 6.2.09: Bank bailouts come with greater focus on protecting Rouble http://rt.com/news/

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