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

Published Wed, Jan 28, 2015 · 09:50 PM

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$46.7 billion) spending plan includes 1.55 billion r…

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