Jim Jubak at MSN lists several reasons to worry about Russia's current economic problems. The problem starts with Gazprom and Rosneft and slumping oil and gas prices. Jubak also notes that Russian companies owe nearly half a trillion to foreign investors. Finally, the ruble is in the tank.
Summary? All this plus tight credit markets could hurt Russian energy development when oil and gas prices start going back up more. Read the full story for more.
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