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More GM Magna-Fallout: What Russia Will Have to Learn

"We will have to take into account this style of dealing with partners in the future, though this scornful approach toward partners mainly affects the Europeans, not us,” Putin told a cabinet meeting in Moscow. Full Article at ETF Investor

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  1. Burning smoke billows from a chimney behind the Opel assembly plant of Antwerp November 25, 2009. General Motors representatives and Opel unions are due to meet on Wednesday to discuss the future of G.M.'s European branch.
  2. People walk under a currency exchange advertisement banner of Sberbank, Russia�s giant state-owned savings bank, in Moscow November 18, 2009. Sberbank has recently announced huge job cuts that will affect 10 percent of its 267,000 employees by year-end.
  3. BERLIN - SEPTEMBER 10:  John Smith (L), lead negotiator for U.S. carmaker General Motors, and Fred Irwin (R), Chairman of the Opel Trust Board, arrive to announce GM's final decision of the future of German carmaker Opel on September 10, 2009 in Berlin, Germany.

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