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Putin Wants Ukraine Talks To Resume As Soon As Possible
MOSCOW (AFP) - Russia's President Vladimir Putin and his French, German and Ukrainian counterparts agreed in a phone call early Wednesday that they wanted talks between Kiev, Moscow and rebels...
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The Ruble Is Strengthening After Russia Steps In (USD, RUB)
After a brutal sell-off Tuesday, Russia stepped in to stabilize the ruble. And it looks like this worked. According to a Bloomberg report, the Russian finance ministry stepped in to buy rubles after...
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'A Sense Of Panic' May Force Putin To Sack His Government
Michael McFaul, former US ambassador to Moscow, told CNBC that there is "a sense of panic among [Russia's] elites right now" that could lead Russia's President Vladimir Putin to change his...
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Russians Are Now Panic-Buying As Many American Dollars As They Can
Ruble is now being driven by the Russian population piling out of the currency not currency speculators, according to a note from the head of emerging market strategy at Société Générale.Benoît Anne...
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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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Here Are The Banks And Countries Most Exposed To Russia's Looming Debt Crisis
A handful of banks may be highly exposed as Russia's currency, the ruble, crashes through the floor.The chart below shows how exposed 12 major developed countries' banks are:Here's how it works: Any...
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The Oil Crash Doesn't Look Like The Beginnings Of A Global Financial Crisis
Of course, debt defaults are likely to occur among oil producers. But I doubt they will trigger a financial crisis comparable to what happened in 2008 and 2009. Most of their junk bonds are in bond...
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Saudi Arabia's Oil Strategy Is About More Than Destroying The US Shale Business
Saudi Arabia may not be aiming at the US in its hands-off policy toward falling oil prices. At a panel discussion Wednesday hosted by the Overseas Press Club and Control Risks (the latter a global risk...
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Russia Has Surpassed The US In The Production Of Combat Aircraft
According to the Joint Stock Company UAC (United Aircraft-building Corporation), Russia produced more combat aircraft than the US in 2014.As reported by Russian media outlets, Vladislav Goncharenko,...
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Russian State TV Just Ran A Bigoted Segment On What Races To Shun On New Year's
You always want to avoid drinking with somebody during the holiday season.Maybe it's that politically incorrect uncle of yours. Or maybe it's a nagging in-law.The well-known host of a health show on...
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These 5 Billionaires Lost The Most Money This Year
Wealth-X just announced its list of the biggest losers this year, proving that even the wealthiest hit rough patches. Russian gas mogul Leonid Mikhelson lost the most, with over 40% of his fortune...
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Even Russia's Biggest Trading Partners Don't Have That Much Exposure To...
The situation in Russia isn't good.The ruble had a meltdown on Tuesday after the Russian central bank unexpectedly hiked interest rates, and following these developments many began wondering what the...
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The Ruble Is Weakening Again
MOSCOW (Reuters) - Russia's ruble weakened against the dollar and euro in volatile trade on Thursday, reversing gains made at market opening, before President Vladimir Putin's end-of-year news...
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Russians Are Flooding Out Of London's Housing Market As The Ruble Crumbles
Russian buyers are flooding out of London's property market, according to an amazing Bloomberg piece. Sanctions, bank limitations on withdrawals, and the shattered ruble are killing Russian demand for...
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Putin Gave A Surreal End-Of-Year News Conference
Russian President Vladimir Putin held a three-hour news conference on Thursday, speaking about his country's economy and the collapse of the ruble.The interview — which had a bunch of bizarre and...
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Ruble All Over The Place As Putin Says The Situation Is 'Not A Crisis'
The ruble slipped again Thursday as President Vladimir Putin told reporters during his annual news conference that the currency's falls were "not a crisis.""I would not call the situation a crisis; you...
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The Russians Aren't Feasting Like Monarchs In Thailand Anymore
Hard times have fallen on Pattaya, a beach resort about 60 miles southeast of Bangkok, as Russian tourists cancel their vacation plans amid the collapse of the ruble."Hotel room reservations from the...
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Here Is A List Of All The Companies Most Exposed To The Russian Downturn
As Russia's economy teeters on the brink of recession, numerous international companies that have seen strong growth in the region will be looking on concerned.Topping the list of companies with large...
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The US Actually Allows Russian Planes To Spy In America — Here's Why
Last week, a Russian military reconnaissance aircraft conducted an aerial inspection of US military sites in California and Nevada and intercontinental ballistic missile silos across the Midwest.This...
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80% Of Russia Backs Putin Even As The Ruble Tanks
From a Western perspective, Vladimir Putin's days as president of Russia should be numbered: The ruble has lost more than half its value, the economy is in crisis and his aggression in Ukraine has...
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