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Today in Russian Business - Aug 13, 2008

Russia’s stock market is “the world’s worst performer this quarter” and Georgia is to suffer “lasting economic damage”. Private equity firm Carlyle Group has sold US steelmaker John Maneely Co. to Russia's Novolipetsk Steel for $3.5 billion. French bank BNP Paribas says it is about to acquire a Russian brokerage company.

Posted by Editor on August 13, 2008 12:48 PM |
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