Will Russian Woes Spread to Central Asia?

Ordinary Russians are feeling the sting of a slowing economy, and republics such as Uzbekistan, Kyrgyzstan, and Tajikistan may be next

A glance through some newspaper headlines of a century or so back can be a useful antidote to feelings of incipient financial panic in the east. "Threatened Financial Crisis. A Crash of the Most Serious Nature Feared in Russia," The New York Times screamed in 1876, while early in the next century a Prof. Friedmann of Kieff announced that a crash in Russia "is now practically inevitable."

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