Russia's elections: Vladimir Putin won about 60% votes

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Source: BBC
Vladimir Putin won presidential elections in Russia, after being a PM for the last four years. Preliminary results indicated that he received more than 60% of the votes. Proponents of Vladimir Putin said that he won in an honest and open way. However, opponents claimed that many citizens cheated on the elections. They plan mass demonstrations in Moscow on Monday. At the same time, supporters of Vladimir Putin got together near the Kremlin to celebrate victory.

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Mon, 05 Mar 2012 07:53:41 GMT

Canada's GDP expanded by 0.4% in February

Canada's GDP raised more than expected last month, according to Statistics Canada. The GDP expanded by 0.4% on a seasonally adjusted basis, after falling by 0.1% in January. Experts predicted the GDP to grow by 0.3% in February. Consumer spending and exports were the most significant contributors to the GDP growth.

Mon, 05 Mar 2012 08:22:46 GMT

Euro depreciates against Yen ahead of retail sales data

17-nation currency weakened versus Japanese Yen for a fourth straight day as analysts predicted retail sales in Europe may have declined for a third consecutive month. Euro slipped 0.6% versus Japanese currency to JPY 107.29 and traded almost flat against its US peer at USD 1.3195. Currently EUR/JPY is trading at JPY 107.32 while EUR/USD is trading at USD 1.3202.

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