Vladimir Putin
May 12, 2008
Russian Stock Exchange: Rolling in the Ruble
Gazprom became Europe's leading energy supplier under the Presidency of Vladimir Putin. After having cut oil taxes, and the inauguration of President Dmitry Menvedev, Gazprom stock once again rose over six percent. According to Goldman Sachs, "Russia is one of the best global investment opportunities [as Russia's stock market continues in its steady clime.] In addition, amongst other currencies, the ruble has steadily increased in value further promoting foreign investment in the Russian stock trade.
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