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Russia cuts interest rate to 17% as wartime economy slows while deficit grows
Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget defic ... Read More
Russian oil refineries, terminals burn as Ukraine hits Putin's war economy
Ukraine hit 10 Russian refineries in recent days Some 17% of Russian refining capacity disrupted Some regions experience gasoline shortages Kyiv raising stakes for potential peace deal MOSCOW, Aug 25 ... Read More
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