It started! A collapse of the world market!
Russia raises rates in emergency move as ruble collapses
(Reuters) - Russia's central bank raised its key interest rate to 17 percent from 10.5 percent early Tuesday in an emergency move to halt a collapse in the rouble as oil prices decline and the country's sanctions-hit economy slides toward recession....
http://www.reuters.com/article/2014/12/16/us-russia-cbank-rates-idUSKBN0JT2II20141216
http://www.reuters.com/article/2014/12/16/us-russia-cbank-rates-idUSKBN0JT2II20141216
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