http://www.itv.com/news/update/2014-...stock-markets/
Quote:
Russia's stock markets have dropped about 10% and its currency has fallen to its lowest point ever against the dollar and the euro because of the crisis in neighbouring Ukraine.
The Moscow Exchange fell about 10% in the first hour of trading today, although it later recovered slightly.
The rouble, already down nearly 10% this year, fell below 50 against the euro for the first time. It was trading below 36.4 to the dollar, also a record.
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Also according to an article in The Times today Europe isn't as dependent on Russian Oil as it was in 2008. Economic sanctions from Europe and the US could wreck Russia's economy.