Russian stocks fall on tension with Ukraine

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Source: Bloomberg
Russian shares dropped on Friday amid geopolitical tension between Ukraine as the country's President Vladimir Putin kept Russian army in Ukraine despite sanctions put on the nation by the European Union and the U.S. The benchmark index Micex slipped 0.6% today and it has jumped 10.4% in May, set to record its first monthly gain this year.

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Fri, 30 May 2014 11:13:04 GMT

U.S. GDP contracts 1.0% in Q1

The performance of the world's largest economy dropped in the first three months of this year recording the first decline since 2011, the latest report published by the Commerce Department showed on Thursday. According to the report, the U.S. GDP fell 1.0% in the Q1, while it was original seen to be falling by 0.5%.

Fri, 30 May 2014 10:51:02 GMT

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