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Page added on September 19, 2008

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Medvedev pours in more oil billions; battered stock exchanges stay shut

Russia’s battered stock exchanges remained closed yesterday as President Medvedev ordered the Government to pour billions of pounds into saving the financial system.


He told ministers that there was “no more important task” than stabilising the markets after a torrid week that has seen share prices slump and brought warnings of a financial crash.
He urged ministers to inject another 500 billion roubles (



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