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Plunging Energy Prices And The Ukraine Crisis Killed Russia's $40 Billion Gas...
SINGAPORE/LONDON (Reuters) - Russia's $40 billion South Stream gas pipeline project has fallen victim to plunging energy prices, stalling European demand and the political standoff between the European...
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Russia Is Falling Into A Recession
Russia's Economy Ministry has downgraded its GDP forecast for the country in 2015 from 1.2% growth to a 0.8% contraction. In other words, the country is falling into a recession.The net amount of...
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Russia's Economy Has Shrunk So Much It's Now Almost The Same Size As Spain
The decline in the price of oil, Western economic sanctions against the nation following its invasion of Ukraine, and the collapse of the Russian rouble that resulted, has decimated Russia's...
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Crimea's New Russian Overlords Are Seizing Thousands Of Businesses
One day in October, a dozen armed men in masks drove up to the gates of Yalta Film Studios. They weren't actors, and this was no make-believe.It was a hostile takeover, and the movie sets, littered...
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The Booming Russian Art Market Has Finally Hit A Ceiling
If the flock of smart tarts speaking Russian into their smartphones along King and New Bond Streets in London last week were a sign, nothing much has changed in the Russian art market. Christie’s and...
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Russia Just Blocked The Websites Of Several Top Western Analysts Tracking ISIS
A number of blogs and websites written by Western analysts who track jihadi and extremist groups, including the Islamic State (ISIS) militant group, appear to have been blocked in Russia.Pieter Van...
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Russia's Brain Drain Is Astounding
Russia is experiencing another major brain drain.Although emigration trended downward from 1997 to 2011, there was a sudden spike in people leaving the country around the third term of President...
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The US Army Is Sending Another 100 Tanks To Eastern Europe As Ukraine Unrest...
The new Army commander in Europe plans to bolster the US armored presence in Poland and the Baltic states and keep rotations of US troops there through next year and possibly beyond to counter...
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Ex-White House Press Secretary Jay Carney Made A Brilliant Call On Russian...
Back in March, then-White House Press Secretary Jay Carney offered some very explicit advice on investing in Russia: Short the country.At first, it looked like an awful call as Russian stock prices...
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Russian Politician: The Central Bank Is An 'Institutional Enemy Of The Country'
State Duma deputy and chairman of the Committee on Economic Policy and Entrepreneurship, Yevgeniy Fedorov, has called for a criminal investigation of the Russian Central Bank, according to a report by...
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Russia Is Militarizing The Arctic
Russia's new military command center in the Arctic became operational Monday, as the country increasingly militarizes the polar region. Moscow's new Northern Command will subsume the Russian Northern...
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For The US, 'Grand Strategy' May Be An Obsolete Concept — Or A Dangerous...
Let’s face it: Whether you want to blame the current administration, unforeseen or misunderstood challenges, or a bumbling 400-member National Security Council, US grand strategy has not been coherent...
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The EU Is Trying To Become Less Dependent On Russia For Energy
Brussels (AFP) - Europe played down Tuesday an angry Russia's shelving of the multi-billion-dollar South Stream gas pipeline project, saying it merely reinforced the need to find other energy sources...
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An Italian Oil Contractor Could Lose $1.55 Billion On Scrapped Russia Gas...
MILAN (Reuters) - Italian oil services firm Saipem may lose 1.25 billion euros ($1.55 billion) in revenue in 2015 due to Russia's apparent cancellation of the South Stream gas pipeline project, CEO...
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The Russian Central Bank Is Intervening Again To Halt A Rouble Collapse
Traders say the Russian central bank has stepped back into currency markets to halt the rouble's slide as it continued to fall in early trading Wednesday. Here's the evidence — the rouble suddenly...
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Russian Media Contradicts The Government's Claim That It Doesn't Use Military...
Russia's state-owned news service Sputnik News is claiming that "Russian Black Sea Fleet’s Special Forces have held their first training exercises with combat dolphins", apparently contradicting an...
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Russia Is Heading For A Prolonged, Deep Recession
New survey data out of Russia confirms that the country's economy is in trouble.Russia's HSBC composite output index fell to 47.6in November, down from 49.1 in October, which was the sharpest fall in...
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The World's Most Popular Gun Is Getting A Fashion Line
There are already upwards of 70 million AK-47s in circulation worldwide.But amid domestic unrest, global criticism of Moscow, and EU and US sanctions, the state-owned Russian company responsible for...
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Ukrainians Are Fleeing To Europe In Droves
Andriy left his home town in western Ukraine earlier this year on a journey that brought him through the hands of shady traders in Poland to one of the world's booming markets for illegal immigrants -...
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Putin Just Announced A Massive Foreign Currency Bailout For Russia's...
In his annual address to the nation on Thursday, Russian President Vladimir Putin announced that the country's reserve funds, usually earmarked for investment in state projects, should be used to bail...
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