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How the oil collapse stole Russia’s Christmas
January 11, 2016 by elegant · Leave a Comment
LONDON/MOSCOW (Reuters) – A plunge in the oil price to 12-year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies
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How the oil collapse stole Russia’s Christmas