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Russia's Financial Meltdown

Only Available in Archive Formats.
Russia's Financial Meltdown

Russia's Financial Meltdown

Russia's Financial Meltdown

Only Available in Archive Formats.

NPR's Jim Zarroli reports that markets around the world were down again today on continuing concern about events in Russia. In the past two weeks Russia's economy has unravelled in way that few thought possible. Russia's fledgling stock market is down a breathtaking 80% and ruble has dropped so much that trading has been indefinitely suspended. Zarroli reports on the forces that led to Russia's economic collapse and on what the Russians have to do to regain some political and economic stability.