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Markets Tumble on War Fears

08 August 2008

By Tai Adelaja

Worries over Russia's involvement in the escalating conflict in South Ossetia sent Moscow stock markets tumbling Friday.
The benchmark RTS Index dropped 6.5 percent to 1723.32 points, while the ruble-denominated MICEX fell 4.9 percent to 1,365.26 points, as of 5:20 p.m.

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Markets Tumble on War Fears

Markets Tumble on War Fears

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