Russian stocks are getting killed. It hurts us too, but we can weather this much better and it doesn't hurt us nearly as much.
http://www.foxbusiness.com/markets/2...dex-sheds-58b/Almost $60 billion evaporated from Russia’s stock market on Monday as global investors were spooked by Vladimir Putin’s invasion of Crimea and the West explores economic sanctions.
Russia’s MICEX index plummeted as much as 13% in response to the fast-moving Ukrainian situation, which has pitted Moscow against the West in a crisis reminiscent of the Cold War.
Financial pain was quickly felt by Russian investors as the ruble tumbled 2% against the U.S. dollar, forcing the country’s central bank to dramatically increase interest rates by 1.5 percentage points to 7%.