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Russian Regions Are Running Out of Money

Aug 6, 2015 | 09:00 GMT
Russian Regions Are Running Out of Money
People line up outside an exchange office in Moscow on Aug. 3.
(VASILY MAXIMOV/AFP/Getty Images)

The Kremlin has long relied on regional and municipal governments to carry their own financial burdens, but many are teetering on the verge of collapse....

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