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US Treasury Chief: Sanctions on Russia Taking Toll

U.S. Treasury Secretary Jack Lew says Western sanctions imposed on Russia for Moscow's actions in Ukraine are taking an economic toll.Lew, speaking Tuesday, told a U.S. congressional panel "there has been quite a substantial deterioration" in what he described as Russia's "already weak" economy. "We see it in their stock exchange, we see it in their exchange rate," as well as other economic indicators. He also said the Obama administration is prepared...

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