Posted on 08/21/2015 1:00:14 AM PDT by elhombrelibre
Moscow (AFP) - Russia's battered ruble fell Thursday on the back of weaker oil prices to more than 75 to the euro for the first time in over six months, deepening its recent decline.
The ruble also tumbled against the dollar to near 67.44, its weakest against the greenback since February.
Russia's currency has fallen more than 20 percent against the dollar in the past two months, sparking fears of more instability after a period of relative recovery.
Russia's economy has slumped into recession amid lower oil prices and Western sanctions over the Ukraine crisis.
(Excerpt) Read more at news.yahoo.com ...
Thanks AdmSmith.
That would be fun to watch
But they are. In 'clean coal technology' and unit trains...the same tech our power companies developed trying to hit EPA moving targets for emissions, but can't use here. (or is that just an 'interest' payment?)
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