| Banks including Goldman Sachs Group Inc. and Citigroup Inc. are forecasting the ruble will lose as much as 25 percent over the next 12 months as declining oil prices erode Russia's current account. Troika Dialog, the nation's oldest investment bank, is calling for a one-time depreciation of as much as 20 percent versus the basket in late January after the holiday period. |
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.
