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Tuesday, December 30, 2014

Russian banks starved for cash as funding crisis worsens - Dec. 30, 2014

Russia's banks will likely need more government handouts as they battle the country's growing funding crisis.

The country's financial sector is under tremendous stress from the plunging value of its currency combined with Western sanctions imposed over Russia's actions in Ukraine.


Russian banks starved for cash as funding crisis worsens - Dec. 30, 2014

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