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Testimonials
"For me, The Moscow Times is not only a leading, objective, independent and informative publication, but it is also a reliable partner in carrying out business conferences on the most essential themes of the economic development of the country."-Mikhail Tsarev, Managing Partner KPMG Strategic Development in Russia and CIS
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Business: RenCap Cuts RTS '08 Target to 2,350
Renaissance Capital on Monday slashed its year-end forecast for the benchmark RTS Index from 3,000 to 2,350 and increased its equity risk premium for the country from 4 percent to 5.5 percent in a sign of continued investor jitters.
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Friday, August 22, 2008
Updated at 22 August 2008 0:02 Moscow Time
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