Ukrainian drone attack causes fire at Russian oil refinery (VIDEO) | Russia-Ukraine conflict

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Interview with Daniel Bushell

Published 20 Oct, 2008 10:00 | Updated 20 Oct, 2008 14:00

A liquidity crunch has hit the Russian economy, which has seen banks cut back on lending. This has led to the Central Bank of Russia holding its first auction to offer banks more than 26 billion dollars in unsecured loans.

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