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The deathly risks of doing business with Russia

The tragic death of Total CEO Christophe de Margerie in the recent plane crash at Vnukovo airport in Moscow is a lesson to be learned, writes Ramūnas Bogdanas. Ramūnas Bogdanas writes for the website EN.DELFI.LT where this articlewas recently published. On the evening of 20 October 2014, the first snow …

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The Unusual Strategy That Made This Woman A Billionaire

In each generation, an elite few entrepreneurs skyrocket to almost unimaginable heights. Among that already select group an even more exceptional group emerges: those whose business success affects society in such a way that they become forever ingrained in the public conscious. Warren Buffett, Oprah Winfrey, Steve Jobs, Bill Gates …

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Turkish inflation surges to 9.15 pct in November

Turkish consumer prices rose in November as food prices continued to climb, data showed on Wednesday. Turkish annualized inflation increased to 9.15 percent in November from 8.86 percent in September, data from the Turkish Statistics Institute (TurkStat) showed on Wednesday. Economists had expected the August rates to be at 9.25 …

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Russia Is Falling Into A Recession

Russia’s Economy Ministry has downgraded its GDP forecast for the country in 2015 from 1.2% growth to a 0.8% contraction. In other words, the country is falling into a recession. The net amount of foreign capital expected to flow out of the country in 2014 has been revised sharply upward to $125 billion …

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With Obama’s Support, Police Body Cameras Could Become the New Normal

The Obama administration thinks body cameras can prevent future Fergusons and will dedicate $263 million to increasing their use by law enforcement agencies. The funding includes $75 million over three years to help police buy cameras, in addition to support for better training and oversight For people who support putting cameras …

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Coca-Cola Wants to Buy the World a Milk

Coca-Cola (KO) has already claimed its place in the soda, water, energy drink, and juice markets. Now the company is going after milk. The beverage giant is preparing a nationwide launch of a high-end milk, called Fairlife, in 2015. Unlike soda, the U.S. milk industry remains highly fragmented with few …

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Turkey asks Russia for bigger reduction in gas prices

Turkish Prime Minister Ahmet Davutoğlu has said the 6 percent reduction in the price of natural gas pledged by Russia is not sufficient, revealing that the relevant parties have directly approached Russian President Vladimir Putin to increase the reduction. “No one could envisage that Turkey and Russia could make such …

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Russia Is Losing The Currency Wars

The specter of currency wars once again haunts the international chattering classes. Remember back in 2011, when Brazilian finance minister Guido Mantega blamed the U.S. for deliberately weakening the greenback to gain a competitive advantage? Well, now the shoe is on the other foot. The Yen — an important regional …

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Bloomberg: The price of oil may Fall below $ 40 a Barrel

The fall in oil prices, which is already called the biggest since the 2008 financial crisis may lead to global consequences, the ones compared to the collapse of the Soviet Union, Bloomberg reports. Oil this year has lost 38% in value. Such a decline may continue as long as the …

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Bill Gates Reveals The Best Business Book He’s Ever Read

LinkedIn Influencer Bill Gates published this post originally on LinkedIn. Not long after I first met Warren Buffett back in 1991, I asked him to recommend his favorite book about business. He didn’t miss a beat: “It’s ‘Business Adventures,’ by John Brooks,” he said. “I’ll send you my copy.” I …

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