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Putin Says Russia Developing Its Own Consumer Credit System

President Vladimir Putin says Russia is developing its own national credit card system so his countrymen do not have to rely on financing from Western companies.Mr. Putin said Thursday that Russia's central bank and the government are exploring a new payment system that he compared to ones that exist inside China and Japan. Creation of a Russian finance system could reduce the possible fallout from economic sanctions the West has imposed on Russian business and political leaders in the...

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