Russia hints at economic stimulus
Moscow (UPI) Jan 17, 2017 -
After hinting at a new tax policy on the oil industry, the Russian government said nearly $2 billion will be set aside to help the economy.
Russia's currency lost considerable value at the start of last year and the broader economy faced dual strains from lower crude oil prices and economic sanctions imposed after the 2014 annexation of the Crimean Peninsula from Ukraine.
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