posted at 02:50
Author Name: Tomas Hirst
Russias Economy Ministry: We Will Not Collapse!
The Russian Economy Ministry just tweeted a bizarre quote from Economic Development Minister. On its official account on Twitter the ministry posted a picture of the minister alongside a quote saying - "We will not collapse!". The move is highly unusual from a government ministry, but it comes on the back of sharp falls in the value of the rouble and an announcement this morning that Russia is having to reduce expected government revenues from oil after OPEC declined to cut production on Thursday.

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