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May
14th

RUSSIA: Sales slide further, but there is some optimism

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What a difference a year makes. For much of last year Russia's economy was riding very high on the back of a boom in energy prices. But that boom waned and hopes for immunity from the international financial crisis were dashed, too. Russia's stock market collapsed by more than 70% in 2008. From late last year, the car market fell away sharply also. Full story...
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