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Russian economy is ready to grow

Vladimir Putin Clasps Hands

After a year of sanctions and a contraction, the Russian economy is ready for the upside. What it needs are economic reforms and international integration - not further sanctions and geopolitical isolation.

Goldman's Gary Cohn: Beware $30 oil

Oil Barrels

Goldman Sachs President Gary Cohn told CNBC on Wednesday he is very concerned about the short-term window for oil and said crude prices could fall to $30 a barrel as the industry runs out of storage space.