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Russia"s economy could grow by as much as...

in July 2008 to around $40 per barrel in early 2009.

Russia began to come out of recession from the third quarter of 2009, following a recovery in international commodity markets and government anti-crisis measures, which propped up the national economy and restored consumer demand.

Global oil prices have climbed back to about $80 per barrel since the 2008 global financial and economic meltdown.

MOSCOW, March 16 (RIA Novosti)



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