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Unpaid Wages Spur Reminders of 1998; Putin Pledges Help

Wall Street Journal Original article ›

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Workers who have not received wages in Russia number 300,000 people according to government data and back pay amounts to $145 million. Prime Minister Putin promised new measures including lower corporate taxes and higher unemployment payments. Government data show growth in industrial output slowed to 1.6% in October 2008.

Russia's effort to prevent the ruble from collapsing in 2009

05/09/2006

Russia used up a third of its foreign exchange reserves to defend the ruble, from November 2008 to early February 2009, as the global financial crisis escalated.

Grouped Articles

Russian Ruble Slips to 7-Month Low as Investors Grow Cold

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Russia Bonds Still Confront a Deep Chill

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Medvedev Chooses Critic for an Interview Debut

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Russian Ruble Hits Fresh Record Low Against Dollar

Wall Street Journal 10/06/2014

Russian Ruble Fall to Fresh Lows

Wall Street Journal 10/10/2014


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