Quote Originally Posted by OUTLAW 09 View Post
The Russian economy death spiral still continues and only gets worse.

Oil Price Set To Fall to $76-77 -- Oil Minister of #Kuwait
No reduction in OPEC production to support prices either
http://www.theinsider.ua/business/543b98aaa8039/ …

Appears the Russian CB has also given up on supporting the Rubel.

#Russia|n Central Bank Admits Defeat as Ruble plunges to new low:
$1 = 40.460
€1 = 51.342
http://www.businessinsider.com/russi...-ruble-2014-10 …
@AP pic.twitter.com/LSnOpxDcZ4
More reports on the KSA oil price effects on Russia--the "real sanctions" against Putin.

RUB - 51.3120 versus EURO, 40.4350 against USD.
Real sanctions against Putin imposed by Saudi Arabia.

http://www.bloomberg.com/news/2014-1...sens-rout.html …