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Financial Crisis

Crippled By Credit in Russia's Rust Belt - 01 Apr 2009
Crippled By Credit in Russia's Rust Belt - 01 Apr 2009
FINANCIAL/RUSSIA-CREDIT
RTXDGTG
April 01, 2009
A woman looks out of a small kiosk in the Ural town of Karabash, a copper-smelter town dubbed one of...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A woman looks out of a small kiosk in the Ural town of Karabash, a copper-smelter town dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. The sign on the bottom left reads: "We don't give credit." Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGT9
April 01, 2009
People line up in a job centre in the steel mill town of Zlatoust in the Ural mountains March 16, 2009....
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
People line up in a job centre in the steel mill town of Zlatoust in the Ural mountains March 16, 2009. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 16, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGTQ
April 01, 2009
Former truck driver Yevgeny Dereguzov points to his new windows, which he bought with money from the...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Former truck driver Yevgeny Dereguzov points to his new windows, which he bought with money from the bank, in the steel mill town of Zlatoust in the Ural mountains March 16, 2009. Last year the trucking company that had been paying him up to 18,000 roubles per month as a driver wound up. Now he makes no more than 300 or 400 roubles for a 14-hour day driving an unlicensed cab. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 16, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGTT
April 01, 2009
Former truck driver Yevgeny Dereguzov stands in his flat in the steel mill town of Zlatoust in the Ural...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Former truck driver Yevgeny Dereguzov stands in his flat in the steel mill town of Zlatoust in the Ural mountains March 16, 2009. Last year the trucking company that had been paying him up to 18,000 roubles per month as a driver wound up. Now he makes no more than 300 or 400 roubles for a 14-hour day driving an unlicensed cab. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 16, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGTW
April 01, 2009
Former truck driver Yevgeny Dereguzov sits in his kitchen in the steel mill town of Zlatoust in the Ural...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Former truck driver Yevgeny Dereguzov sits in his kitchen in the steel mill town of Zlatoust in the Ural mountains March 16, 2009. Last year the trucking company that had been paying him up to 18,000 roubles per month as a driver wound up. Now he makes no more than 300 or 400 roubles for a 14-hour day driving an unlicensed cab. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 16, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGTZ
April 01, 2009
Former truck driver Yevgeny Dereguzov stands in his flat in the steel mill town of Zlatoust in the Ural...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Former truck driver Yevgeny Dereguzov stands in his flat in the steel mill town of Zlatoust in the Ural mountains March 16, 2009. Last year the trucking company that had been paying him up to 18,000 roubles per month as a driver wound up. Now he makes no more than 300 or 400 roubles for a 14-hour day driving an unlicensed cab. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 16, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGT0
April 01, 2009
Factory workers Sergei Begutov (L) and Evgeny Shaibakov break stones near the Karabashmed copper smelter...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-DEBT
Factory workers Sergei Begutov (L) and Evgeny Shaibakov break stones near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Each weekend, Begutov cuts stones from this toxic, frozen hillside and sells them for five roubles ($0.15) apiece to help fund car loan repayments that now exceed his wages. Like workers across Russia, he has been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-DEBT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDH38
April 01, 2009
Factory workers Sergei Begutov (L) and Evgeny Shaibakov split stones near the Karabashmed copper smelter...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Factory workers Sergei Begutov (L) and Evgeny Shaibakov split stones near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. A building supplier pays the two workers 5 roubles, or $0.15, per stone. With the earnings they try to supplement their wages from the plant that have been cut in recent months to pay back loans they took out to buy a wooden cabin and a car. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDGT3
April 01, 2009
Factory workers Sergei Begutov (L) and Evgeny Shaibakov transport stones past a wooden cabin that is...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Factory workers Sergei Begutov (L) and Evgeny Shaibakov transport stones past a wooden cabin that is attached to the one Shaibakov bought on credit near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Each weekend, Begutov cuts stones from this toxic, frozen hillside and sells them for five roubles ($0.15) apiece to help fund car loan repayments that now exceed his wages. Like workers across Russia, he has been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDH35
April 01, 2009
Factory workers Sergei Begutov (L) and Evgeny Shaibakov transport stones near the Karabashmed copper...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Factory workers Sergei Begutov (L) and Evgeny Shaibakov transport stones near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. A building supplier pays the two workers 5 roubles, or $0.15, per stone. With the earnings they try to supplement their wages from the plant that have been cut in recent months to pay back loans they took out to buy a wooden cabin and a car. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDGU2
April 01, 2009
A local road worker welds a pipe as others take a rest in the Ural town of Karabash, a copper-smelter...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A local road worker welds a pipe as others take a rest in the Ural town of Karabash, a copper-smelter town dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDGUA
April 01, 2009
A car wash stands idle near the Karabashmed copper smelter in the Ural town of Karabash, a copper-smelter...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A car wash stands idle near the Karabashmed copper smelter in the Ural town of Karabash, a copper-smelter town dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. In Karabash, every second store still has a sign offering credit, though shopkeepers say demand for loans has dried up.Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH2A
April 01, 2009
Smokes billows from the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Smokes billows from the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH3A
April 01, 2009
Smokes billows from the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Smokes billows from the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH2C
April 01, 2009
A woman walks near a car parked near the Karabashmed copper smelter in the Ural town of Karabash, one...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A woman walks near a car parked near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009.To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-DEBT
RTXDH2F
April 01, 2009
A truck drives near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A truck drives near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH2S
April 01, 2009
A local road worker welds a pipe in the Ural town of Karabash, one of the most polluted places on the...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A local road worker welds a pipe in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH39
April 01, 2009
Factory workers Evgeny Shaibakov takes a rest from stone splitting in the Ural town of Karabash, one...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Factory workers Evgeny Shaibakov takes a rest from stone splitting in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. A building supplier pays the two workers 5 roubles, or $0.15, per stone. With the earnings they try to supplement their wages from the plant that have been cut in recent months to pay back loans they took out to buy a wooden cabin and a car. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH2T
April 01, 2009
A local road worker poses for a portrait in the Ural town of Karabash, one of the most polluted places...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A local road worker poses for a portrait in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH2Z
April 01, 2009
A local road worker welds a pipe in the Ural town of Karabash, one of the most polluted places on the...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A local road worker welds a pipe in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDGU4
April 01, 2009
A woman walks near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A woman walks near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. Picture taken March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-DEBT
RTXDH2P
April 01, 2009
Steam rises from a swamp near the Karabashmed copper smelter in the Ural town of Karabash, one of the...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
Steam rises from a swamp near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
RUSSIA/
RTXDGUG
April 01, 2009
A house is seen near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest...
Karabash, Russia
House is seen near the Karabashmed copper smelter in the Ural town of Karabash
A house is seen near the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. REUTERS/Thomas Peter (RUSSIA BUSINESS)
FINANCIAL/RUSSIA-CREDIT
RTXDH36
April 01, 2009
A car drives near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A car drives near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA)
FINANCIAL/RUSSIA-CREDIT
RTXDH61
April 01, 2009
A Russian Orthodox church is seen near the Karabashmed copper smelter in the Ural town of Karabash, one...
Karabash, Russia
To match feature FINANCIAL/RUSSIA-CREDIT
A Russian Orthodox church is seen near the Karabashmed copper smelter in the Ural town of Karabash, one of the most polluted places on the planet, March 15, 2009. Workers across Russia have been thrust into poverty by the economic crisis as plunging wages render unaffordable repayments on loans that had offered a taste of a better life. To match feature FINANCIAL/RUSSIA-CREDIT REUTERS/Thomas Peter (RUSSIA BUSINESS SOCIETY ENVIRONMENT POLITICS)
RUSSIA/
RTXDGUC
April 01, 2009
The sun sets behind the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest...
Karabash, Russia
Sun sets behind the Karabashmed copper smelter in the Ural town of Karabash
The sun sets behind the Karabashmed copper smelter in the Ural town of Karabash, dubbed one of the dirtiest on the planet by environmentalists for sulphur dioxide and heavy metals, March 15, 2009. Picture taken March 15, 2009. REUTERS/Thomas Peter (RUSSIA BUSINESS)
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