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Saxo Bank remains a great believer in Russia’s potential long-term situation, but the country’s economy was heading for recession and current account deficits even before sanctions, the 25% drop in oil prices and the conflict with Ukraine.
00:53 minutes
Tags: 1998, content, debt, default, foreign debt, jakobsen, russia, russia crisis, russia default, saxo bank, saxo tv, steen, tradingfloor.com, tv, ukraine