With No Place to Run and No Place to Hide...
From: http://www.theguardian.com
TinyURL: http://tinyurl.com/l8dzz9v
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From: http://finance.yahoo.com
MOSCOW, Jan 30 (Reuters) - Russia's central bank unexpectedly cut its main interest rate on Friday as fears of recession mount in the country following the fall in global oil prices and Western sanctions over the Ukraine crisis.
The bank reduced its one-week minimum auction repo rate by two points to 15 percent, a little over a month after pushing it up by 6.5 points to 17 percent after a run on the rouble.
The bank had been widely expected not to change the rate.
Link: http://finance.yahoo.com/news/russian-central-bank-makes-surprise-105306019.html
TinyURL: http://tinyurl.com/oap363f
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