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RUSSIA-YUKOS-OIL
Trader of -Troyka-Dialog- brokerage sits in front of the monitors in Moscow, 05 July 2004. Beleaguered Russian oil giant Yukos has been declared in default of a one-billion-dollar bank loan by Western creditors, in a further blow threatening to drive the company into bankruptcy. Yukos, which is locked in a battle with the legal authorities over unpaid taxes, received a default notice from the French bank Societe Generale Friday, the day after a Moscow court confirmed a freeze on the company-s bank accounts. Yukos stock continued its downward spiral on the news, losing another 5.26 percent in initial trade Today on the benchmark RTS index, taking its losses since 03 July to more than 22 percent.
AFP PHOTO / ALEXANDER NEMENOV
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Detalii fotografie |
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MOSCOW RUSSIAN FEDERATION, 05 iul |
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AFP / Mediafax Foto |
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| Fotograf: |
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ALEXANDER NEMENOV |
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| Data: |
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5 Iulie 2004 |
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2800 x 2063 (719.53 KB) |
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