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Rouble AND Brent Crude Put the Russian Economy in a Vice


The Rouble has depreciated by a whopping 61% vs. the USD since June, while United States Brent Oil ETF (BNO) prices have declined 42%, also since June.

The Russian economy depends heavily upon the stability of its "petro-Rouble," but it is under assault and could prove disastrous to Putin's ongoing leadership if the Russian President is unable to provide relief or optimism to the Russian people.

How he might accomplish such an objective is a matter of intense geopolitical concern.

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