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BizDaily: Russia's Woes 30 Dec 14

December 30th, 2014

Episode 115 of 643 episodes

We're in the biggest city north of the Arctic Circle to ask whether the Russian economy is heading for the deep freeze. A weak currency, rising inflation, collapsing oil prices and sanctions imposed by the US and Europe are all conspiring to effect the prospects for 2015. As Russians prepare for New Year are they in a party mood?