|RUSSIA'S SINKING ECONOMY MAY ENDANGER WORLD ECONOMY|
December 17, 2014
(INTERNATIONAL) -- Russia's deepening financial crisis, made worse by each drop in world oil prices has the potential to move beyond its borders and endanger parts of the global economy.
Russia's economic engine powered bby oil is almost in free fall - there's been a 10% drop in the ruble in two days - and with economies in Japan, China and Europe starting to catch colds some analysts worry the geopolitical risk of Russia's fading economy "could ripple across continents," according to a new report by the Associated Press .
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