Russian Economy A Russian court turns down an appeal by billionaire Mikhail Khodorkovsky to be released on bail pending his trial on tax evasion and fraud. Many observers say the case is aimed at curbing Khodorkovsky's political ambitions. Economists worry about the effect the case may have on Russia's economy, though many analysts say it's too early to tell what the long-term repercussions will be. NPR's Lawrence Sheets reports.

Russian Economy

Russian Economy

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A Russian court turns down an appeal by billionaire Mikhail Khodorkovsky to be released on bail pending his trial on tax evasion and fraud. Many observers say the case is aimed at curbing Khodorkovsky's political ambitions. Economists worry about the effect the case may have on Russia's economy, though many analysts say it's too early to tell what the long-term repercussions will be. NPR's Lawrence Sheets reports.