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Economics

Ruble trouble

For Russia, like its BRIC amigo - Brazil - faces stagflation. Growth in Russia's economy slowed to a mere 0.2% in the year to the third quarter (from 2.0% at the end of last year) while inflation has sped up to an annual rate of 8.3% last month from 6.1% in January.

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Read more: Russia,  Beijing,  Australian Prime Minister Tony Abbott,  China,  Moscow,  Reserve Bank of Australia,  Russia Central Bank,  Russian President Vladimir Putin