South Ossetian conflict 'compounds' Russian investor panic

Russia's military conflict with neighbouring Georgia has "compounded problems" in the Russian stock market, which has seen 7% sliced off its value since hostilities began last Friday.

According to analysts, the timing of the hostilities with Georgia could not have been worse for the stock market, as investor panic led to an acceleration in the sell-off of Russian equities that began at the start of July.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

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