INTERVIEW-Russia needs "New Deal" - oligarch Deripaska

Newswire

By Oleg Shchedrov LIMA, Nov 28 (Reuters) - Russia, battling the financial crisis, needs a "New Deal" similar to the one that lifted the United States out of the Great Depression in the 1930s, leading Russian businessman Oleg Deripaska told Reuters. Regarded as one of the oligarchs closest to the Kremlin -- and one of the highest-profile victims of Russia's stockmarket crash -- Deripaska said Russian companies should cut capacity rather than wait for a rapid recovery, and the state should ...

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