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Sanctioned hit (E49)

July 20, 2014 08:15

The headquarters building of the International Monetary Fund (IMF), Washington, DC. (AFP Photo)

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Global financial markets shake as the U.S. targets Russia's energy and finance sectors. Also, the BRICS group of emerging nations Brazil, Russia, India, China and South Africa launch their own development bank to rival the IMF and the World Bank.

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