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Russian markets closed until Friday

By Associated Press
Thursday, September 18, 2008 - Added 509d 5h ago
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MOSCOW - Russia ordered its main stock exchanges closed for another day today as President Dmitry Medvedev called for pouring 500 billion rubles (US$20 billion) into financial markets in an effort to stabilize them.

The government is struggling to stem a dizzying plummet in share prices and restore confidence in the economy — a plummet that has revived memories of the 1998 financial collapse.

 
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