All Posts Tagged With: "federal budget"

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Russian Markets Collapse, Trading Halted

Russian stock markets experienced another collapse today, dropping to new lows. Trading on both the RTS and MICEX exchanges has been halted until Tuesday October 28th.

Oct 24, 2008 | Continued
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Falling Oil Prices May Send Russian Budget into Deficit

Oil prices have dipped to levels dangerous for Russia’s federal budget, dropping near or below $70 per barrel on the London, Tokyo and New York exchanges.

Oct 17, 2008 | Continued