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Russia's President Vladimir Putin speaks during the Presidential Council on Science and Education at the State Hermitage Museum in St. Petersburg, December 8, 2014. Putin said on Monday that Russia should make a leap in developing its fundamental sci

Russia Screwed Up Following Sanctions, Possible EU Rift and War Tensions

Russia now faces one of its worst possible economic crises in years. In a desperate move to avoid the freefall, the country's central bank declared that it will push key interest rate up to 17 percent from 10.5 percent. Analysts think this is in vain as the country may not be able to avoid recession on top of the piling tensions in its international relations. Is there no hope for Russia?
Russia's President Vladimir Putin, accompanied by his Turkish counterpart Tayyip Erdogan (not pictured), attends a news conference in Ankara, December 1, 2014. Putin said on Monday Russia could not carry on with the South Stream gas pipeline project

Russia's Retaliation Imminent as Obama Gives Go Signal for Sanctions Risking EU Rift

The United States will push through with more sanctions over Russia as the White House confirms the president's plan to sign the new bill passed. According to reports, President Barrack Obama has signaled to sign the legislation imposing more pressure on Vladimir Putin while sending aid to Ukraine. Will the bill bring more good or the other way around?
U.S. President Barack Obama looks on during the Summit on College Opportunity

Obama to Proceed with US Sanctions Possibly Angering Russia into Dangerous Retaliation

Russia's woes continue as the country now finds itself on the brink of one of its worst possible economic crises. The problem may even pile up as reports about President Barrack Obama giving signal of support for the sanctions arise. Previously, Russia threatened to respond accordingly to the sanctions if the United States will push through with it. Will the country resort to dangerous means as warned?

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