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Beware the wounded bear that is Russia

The country has been hit by the oil-price collapse, and with its impending legislative elections, nationalistic rhetoric and cross-border geo-political tensions will spike.

Published Tue, Mar 15, 2016 · 09:50 PM

Russia

THE collapse in oil prices since August 2014 has highlighted the extreme correlation between such prices and the exchange rate of the Russian rouble. In addition, there have been geopolitical tensions, with sanctions and counter-sanctions having all but closed the international financial and banking markets to Russian borrowers.

The strongest impact of the oil …

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