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Russian Economic Outlook Downgraded

A major credit rating service has cut its outlook for Russia's economy, saying Moscow's conflict with the West over the annexation of Crimea threatens to weaken Russia's already deteriorating performance. Standard & Poor's said Thursday it is not cutting Russia's credit rating but revising its outlook from stable to negative. S&P said "heightened geopolitical risk" over Crimea and the prospect the United States and the European Union would expand...

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