Over 30 people sought medical help, 11 were hospitalized and more than 6,000 local residents were evacuated on Tuesday from a village near an ammunition depot in central Russia where a fire caused massive explosions of stored artillery shells, the Russian Emergency Situations Ministry said.
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By Chris Weafer
It is clear why raising its credit rating has become a top priority for Russia. Above all, it would make it easier and cheaper to access debt markets.
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By Ian Pryde
On June 18, 2013, President Putin warned that government revenues would be less than previously expected and that the budget policy for 2014-2016 had to be planned accordingly. He also said that while revenues from natural resources were decreasing, financing from other industries was so far limited.