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. Last Updated: 07/27/2016


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Raising Oil Output Still State's Goal

Anyone who thinks that oil and wealth automatically go hand in hand obviously hasn’t been paying attention to export revenues in recent months.

104 Killed In Terror Attack on Mumbai

Combined Reports
Black-clad Indian commandoes raided two luxury hotels to try to free hostages Thursday evening, and explosions and gunshots shook India's financial capital a day after suspected Muslim militants killed 104 people.

Ads Pushing Products With 'Crisis' Creativity

While state-run television may be shying away from coverage of the financial crisis, many companies are seizing on economic uncertainty in their advertising campaigns, offering discounts on major purchases.

Kudrin Says Liquidity On the Rise

Finance Minister Alexei Kudrin said Thursday that banking liquidity was on the mend and that loans to the real economy were rising this month compared with October.

Comstar in $464M Stock Repurchase

Comstar United TeleSystems, Moscow's largest fixed-line telecoms company, said Thursday that it reacquired 11 percent of its shares for $464 million but that it would have to pay for the stake in installments to maintain liquidity.

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