Source Pravda.Ru

Expert on influence of Khodorkovsky's arrest on Russian financial market

The arrest of head of Yukos oil major Mikhail Khodorkovsky will adversely but not disastrously tell on the state of the Russian financial market. Member of the National Banking Council under the Central Bank of the Russian Federation and deputy of the State Duma Pavel Medvedev expressed this opinion in a RIA Novosti interview Monday.

"Today the market is likely to fall but not disastrously. The shares of Yukos can perceptibly drop, and the shares of other companies are more likely to fall than to grow," he said.

The deputy of the lower chamber also noted that the Russian market "will evidently recover soon".

"The economy is very big to react to the events like this one", Pavel Medvedev explained.

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed