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Annexed by Russia, Crimea Could See Growing Financial, Travel Woes

Russia's annexation of Crimea from Ukraine could see the peninsula's economy suffer and the region isolated from the international community. The crisis in Ukraine already had put a drain on many banks, making the process of withdrawing cash at automatic teller machines (ATMs) hit and miss. Russia's takeover of Crimea made transfers of currency from banks, most of them located in mainland Ukraine, to the southern peninsula an even bigger challenge. ATMs are running dry...

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