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Russia unveils anti-crisis spending plan as EU, US work on more penalties

Thursday, January 29, 2015 - 05:50

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Firefighters putting out a fire after shelling in the southern Ukrainian port city of Mariupol on Saturday. At least 30 people died and more than 100 were injured in the attack.

Brussels

RUSSIA has announced a US$35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it.

The 2.34 trillion rouble (S$46

sentifi.com

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