The dollar reached a price of 30 rubles at 13.30 in Russia. Russian
stock indexes continue dropping. The Moscow Central Stock Exchange
dropped to 7.52% at 13.33 to 1387.05 points.
The Standard & Poor's reduced the US credit rating from AAA to AA+.
The Stoxx Europe 600 dropped by 4.11%. The main fund index of DAX 30
(Germany) lost 5.90%. The FTSE MIB (Italy) dropped by 3.22% to 12.141
points. CAC 40 (France) dropped by 3.75% to 3.017.51 points. FTSE 100
(Britain) dropped by 3.97% to 4.867.90.
Arab stock markets saw a drop of 4.3%.
Alexey Vlasov, Editor-in-Chief of Vestnik Kavkaza, said that the
situation on the world stock markets may get out of control. Markets
of developing states are shaken to reduce oil prices. Analyzing the
situation shows that the all US long-term risks are moved to the
Eurozone, China and Russia. The USA always has a universal tool
against the "perfect storm" - military intervention. Russia lacks an
efficient tool and protection against oil price drop. The $70 price
per barrel of oil will cause social risks, especially in the regional
aspect. Investment companies do not need to worry, they will receive
support. Russia and China need to find a way out of the global
stalemate, Vlasov underlined.
