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>> SOCIETE GENERALE Latest News

JUL 17, 2014 - Business Insider

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RUSSIA IS GETTING SLAMMED (DIA, SPY, QQQ, RSX)

Markets are getting slammed in Russia. The MICEX stock market index is down by 2.9%. The ruble is down 1.1% against the dollar. This comes after the U.S. announced new sanctions against Russia's energy and financial industry. "Among the targeted firms on the new sanctions list include Rosneft, the world's largest oil company; Gazprombank, Russia's largest private bank; Novatek, Russia's largest independent natural-gas producer; and Vnesheconombank, a development lender," reported BI's Brett Logiurato. "From the West's perspective they could not have chosen a better time to ... Read More

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