BP Blasts Russia for Investment Risk
Source: http://www.robertamsterdam.com/2008/07/bp_blasts_russia_for_investmen.htmPosted on Tuesday, July 29th, 2008 | In Emerging Markets, Market Commentary, Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -
The gloves are off in Russia over the TNK-BP dispute, as CEO Tony Hayward is showing himself increasingly willing to speak clearly about the dodgy investment environment, perhaps with the goal of scaring off some FDI and reminding the Kremlin that they can persuade others not to invest in Russia.
This is a pretty ineffectual strategy: if you wanted to crash the Russian stock market, somebody already beat you to it.
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Tags for this Post:
Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
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