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The Politburo Approved The Soviet Invasion Of Afghanistan 35 Years Ago Today
The US is ending its 13-year-old combat operation in Afghanistan later this month.But thirty-five years ago today, a small group of key players within the Soviet Union decided to commit the empire to...
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Russia Vows To Strike Back If US Imposes New Sanctions
MOSCOW (Reuters) - Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis, Russia's Deputy Foreign Minister Sergei Ryabkov said, according to an...
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Food Prices Jump 25% As Panicked Russians Empty Cash Machines
Inflation is rampant in Russia, and the collapsing value of the rouble has triggered panic-buying and food-hoarding among ordinary Russians.Food prices in Russia will have shot up by 25% over 2014 as...
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Putin Is Infiltrating European Politics With Shocking Effectiveness
Putin has become shockingly effective at influencing European politics through a host of far-right parties. The following chart from the Center for Eurasian Strategic Intelligence (CESI) shows Russia's...
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Here's What Will Happen If Russia's Economy Keeps Tanking
Oil arguably brought an end to the old Soviet Union and once again the price of crude is proving to be a curse for the Kremlin.The precipitous drop in oil prices recently has left Vladimir Putin’s...
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Russian Arms Sales Soared Last Year
STOCKHOLM (Reuters) - Russian arms makers' sales soared 20 percent in 2013, bucking a slowdown in other countries' industries, largely thanks to a Kremlin push to modernize its military, the SIPRI...
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Moscow 'Will No Longer Support The Ukraine Economy'
Moving closer to the European Union offers no panacea for Ukraine's financial problems and will mean big losses in economic ties with Moscow, Russian Prime Minister Dmitry Medvedev said in an article...
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Russia Hopes To Make Turkey A 'Strategic' Partner With New Pipeline Deal
Energy-poor Turkey stands to benefit from Moscow’s surprise decision to drop the $45-billion South Stream natural gas pipeline project, analysts say. At the same time, it raises questions about whether...
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Russia's Currency Smashes Through 60 Roubles To The Dollar For The First Time...
The Russian rouble dropped over 10% on Monday, crashing through 64 roubles to the dollar for the first time on record. The country's Micex stock index was also down by 10%.The falls marked the biggest...
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A Civilian Airliner Almost Collided With A Russian Spy Plane Again
A civilian plane, en route from Denmark to Poland, almost collided with a Russian spyplane minutes after departure, Swedish authorities said on Friday.The Russian aircraft was flying with the...
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Ex-White House Press Secretary Jay Carney Was Right About The Russian Stock...
Jay Carney is a stock market soothsayer.Carney, then the White House press secretary, said in March that the only thing to do as an investor in Russia was to short stocks, or bet that the price of...
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IT DIDN'T WORK: RUSSIAN RUBLE COLLAPSES AFTER LATE-NIGHT RATE HIKE (USD, RUB)
The ruble is collapsing.Russia's currency fell to new lows, touching nearly 80 rubles to the dollar and over 100 rubles to the euro on Tuesday. Earlier on Tuesday, the ruble opened 8% stronger after...
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Russia Carried Out Snap Military Drills In Its Enclave Next To Poland
President Vladimir Putin ordered snap military drills in Russia's westernmost Kaliningrad region earlier this month, the Defense Ministry said on Tuesday.The drills, which mobilized 9,000 soldiers and...
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Putin Now Has 'A Full-Blown Ruble Crisis' On His Hands
The Russian central bank raised interest rates to 17% in an attempt to prevent the rouble’s collapse. But the dramatic move failed to stem the decline, with the currency hitting new all-time lows...
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A 150% Interest Rate Couldn't Stop Russia's Ruble From Tumbling In 1998
The US dollar's recent losses against the euro and yen have been extended. Oil prices continue to swoon, and the price of Brent oil has fallen below $60, and WTI approached $54. While most emerging...
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Companies In These Countries Have The Most Exposure To Russia
Russia's currency is in crisis. A late-night interest-rate hike by Russia's central bank failed to stem the ongoing collapse of the ruble.So what does this mean for everyone else?This is kind of a...
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Russia's Ruble Crisis Is Following The Same Pattern That Destroyed The Soviet...
The Russian ruble is collapsing, reaching fresh historical lows on a daily basis. At the same time, oil prices are heading even further into the floor — the price of oil is down nearly 50% in the past...
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Putin Named Russia's 'Man Of The Year' For The 15th Time In A Row
Vladimir Putin has been named Russia's "Man Of The Year" for the 15th time in a row, Interfax news agency reports.The Russian president won by a landslide, claiming 68% of votes. The runner-up got only...
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Russian Bank Manager: 'This Is The End Of The Banking System'
"Raising rates up to 17% — that's the end of the banking system," an "emotional" senior manager of a mid-size bank told Vedomosti on Tuesday.Vedomosti is a Russian-language business publication that is...
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BREMMER: Here's What Putin Will Likely Do Now
The ruble is in crisis less than a day after a shocking Russian central-bank rate hike. And Russian President Vladimir Putin has to find a way to explain the mess."Putin now needs scapegoats: external...
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