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July 29, 2008

“Mechel” led to a drop in the indexes

The Russian stock market was unable today to close in plussis. Further negative news on “Mechel” led to a drop in the indexes.
The Prime Minister of Russia Vladimir Putin today again raised with history of “Mechel”, explaining that the company used the scheme to offshore to reduce the tax base. Investors fear that “Mechel” becomes […]

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