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Putin’s cash crunch

Let’s consider the subsidies Moscow currently pays to keep its restive regions quiet. The payouts are critical in places like Chechnya, where warlord Ramzan...

Turkish Debt and Lira Face Bumpy Road, AllianceBernstein Says

Turkish lira bonds won’t be an attractive investment for at least six months amid higher-than-expected inflation and further weakening in the currency, according to...

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