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Fri 21 Mar, 2014 10:36 am
@oristarA,
I'm assuming the Russian based companies who list their stock on the S&P stock exchange had seen their stock portfolios fall down sharply (lost value).
As evidenced in the following paragraph:
Quote:Russian stocks tumbled after Washington announced additional sanctions on key members of President Vladimir Putin's inner circle.
Quote:verb (used without object)
7.Slang. to do poorly or decline rapidly; fail: The movie tanked at the box office.
I didn't realize it was a slang term.
http://dictionary.reference.com/browse/tank?s=t
Tsar is as usual right. It's got nothing to do with the Russian tanks (armored vehicles) that are, I think, now in Crimea.
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