Jailing Sows Legal Doubts as Futures Decline: Russia Overnight - Bloomberg:
"Futures on Russia’s RTS stock index declined as protests flared in Moscow against the prison sentence given to one of President Vladimir Putin’s most prominent opponents.
Contracts on the gauge due in September fell 0.2 percent in New York hours yesterday. American depositary receipts of OAO Gazprom, the nation’s biggest company, sank 1.8 percent and traded at the biggest discount to the Moscow shares in a week. The Bloomberg Russia-US Equity Index of the most active Russian stocks in New York fell 1.4 percent after a court announced a five-year sentence for Alexey Navalny, who led demonstrations against Putin over the past two years that were the biggest street protests since the president took office in 2000."
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