Financial crisis: allying the fears

Konstantin Sonin, Professor of the New Economic School, in Moscow, and Richard Hainsworth, Head of the RusRating agency

Today we will once again talk about the financial crisis. The current global credit crunch started in the United States and quickly spread across Asia and Europe, leading also to record losses on Russia's financial markets. How long will the turmoil continue? What makes Russian economy so vulnerable? Our guests to talk on the subject are - Konstantin Sonin, Professor of the New Economic School, in Moscow, and Richard Hainsworth, Head of the RusRating agency.