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Crisis wave hits regions

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The echo of the global financial meltdown is being felt in the Russian regions. The residents of Vologda, a mid-sized town in the heart of the country, earn an average income and, taking after Moscow, Vologda has built its own shopping malls and fast food restaurants. Now its citizens fear it will further take after the capital and into financial meltdown.

Channel: Travel & Events
Uploaded: November 30, 1999 at 12:00 am
Author: RussiaToday

Length: 02:46
Rating: 5.00
Views: 389

Tags: crisis  economy  financial  meltdown  Russia  Vologda  

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Video Comments

ponomariev (November 30, 1999 at 12:00 am)
Unlike the Chinese the Russian bankers did not buy billions in bad US debt.
wildchildplasma (November 30, 1999 at 12:00 am)
Their minds must be in a high state of contempt.Their inner ears must be in the argument of its life with him shouting bad and her screaming and crying hard. They must respects his professional opinion on the blood of a people and see her dreams for risk her life. Turn to the church and your government for help O great hypnotised slaves. No government, new law infastructure and to advance past the current simple monetary system with 0 contempt. I got balls to say it have you?

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