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And The Award For Most Offensive Fund-Raising Video Goes To...

If you're a charity that wants to help the developing world, you really, really, really don't want to win a "Rusty Radiator."
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Putin: Sanctions, Falling Oil Prices Causing Ruble's Tumble

In a year-end news conference, the Russian President said the worst-case scenario for his country's economy would involve two more years of unease.
WAMU 88.5

Hogan Plans To Stick To Maryland Tax Cut Promise, Despite Budget Shortfall

The state of Maryland is facing budget shortfalls last year, but Governor-elect Larry Hogan says he is sticking to his campaign promise to cut taxes, but just don't expect specifics yet.

NPR

Rapprochement With Cuba: What It Includes And Excludes

President Obama's move to restore diplomatic ties with Cuba does not lift the trade embargo. That jurisdiction belongs to Congress, but do the upcoming changes all but undermine the embargo?
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Fed: Interest Rates Could Rise As Early As May 2015

After a two-day meeting, Federal Reserve policymakers say they will be "patient" before starting to raise interest rates from historically low levels.
WAMU 88.5

McAuliffe To Propose Limitations On Credits And Deductions In Virginia

Virginia Gov. Terry McAuliffe is taking aim at tax preferences, hoping to balance the commonwealth's budget by targeting costly measures.

NPR

Obama Expected To Impose New Sanctions On Russia

Aides say Obama will sign a bill authorizing new economic sanctions against Russia in retaliation for its ongoing interference in Ukraine. Russia's economy is reeling from earlier western sanctions.
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Is Russia's Currency On Its Way To Collapse?

The Russian ruble hit new lows on Tuesday despite efforts by the country's central bank to stop the selling. The currency lost 11 percent of its value.
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Ruble's Drop Has Implications For Global Economy

Russian President Vladimir Putin has been conspicuously silent since the ruble's plunge. Renee Montagne talks to Russian business journalist Kirill Belyaninov about why the ruble is in freefall.
NPR

Fed Officials May Be Closer To Raising Interest Rates

The Federal Reserve is expected to drop the phrase that says it will keep interest rates low for "a considerable time." Renee Montagne talks to David Wessel of the Brookings Institution

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