• As domestic and foreign capital has taken flight, the peso has dropped to about 50 to the dollar-off 25% from its average of 40 in 1999 and about half its value of 26 at the onset of the Asian financial crisis in 1997.

    FORBES: There will be no midnight cabinets

  • This not only reduces the creative potential to support economic development in the country, but accentuates capital flight and reduces domestic consumption.

    FORBES: Russia's Three Biggest Problems

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