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Armenia May Face Disastrous Consequences From Russian Economy Collap

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  • Armenia May Face Disastrous Consequences From Russian Economy Collap

    ARMENIA MAY FACE DISASTROUS CONSEQUENCES FROM RUSSIAN ECONOMY COLLAPSE - NEWSPAPER

    March 04, 2014 | 08:24

    YEREVAN. - In actual fact, Russiahas declared war on Ukraine, 168
    Zham daily reports.

    "The international community is attempting to prevent the threat of
    war by diplomatic channels so far, including sanctions against Russia.

    "Although no specific sanction has yet been imposed, the Russian
    economy already has reacted to the processes that are taking place.

    The Russian ruble continued to depreciate; the shares of the largest
    Russian corporations have fallen, too; the players in the stock
    market are in panic; [and] these are the results of solely the first
    working day.

    "It is not difficult to imagine what will happen with the economy
    of Russia if military operations begin in Crimea; each day of these
    operations will bring the collapse of the Russian economy closer.

    "These events can have devastating consequences for Armenia, in
    political and economic terms, alike," 168 Zham writes.

    News from Armenia - NEWS.am



    From: Emil Lazarian | Ararat NewsPress
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