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To: JasonC

Let’s hope so.


9 posted on 06/10/2009 9:23:47 AM PDT by b4its2late (I love defenseless animals, especially in a good gravy.)
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To: b4its2late
In July of last year the Ruble was worth 4.2 cents. At the bottom earlier this year it fetched 2.8 cents. Around 3 cents right now.

A quarter of the entire Russian economy is the oil and gas sector. Energy prices fell by a factor of four and have since retraced about half of that. When a quarter of your economy gets cut in half in less than a year, it isn't fun.

13 posted on 06/10/2009 9:47:50 AM PDT by JasonC
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