Daily Memo: Russian Economic Indicators, Saudi Outreach to Washington

Signs of Russia's slowdown continue to emerge.

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Russian industry. Russia’s production of certain iron and metal products declined markedly in the fourth quarter, the Magnitogorsk Iron and Steel Works, a major Russian steel conglomerate, reported. The company said its iron smelting decreased by 9.9 percent compared to the previous quarter, while steel production declined by 4.4 percent due to repairs being made […]

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