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Russian GDP fell 3.7% in 2015: state statistics agency

MOSCOW: Russia's gross domestic product (GDP) fell 3.7 percent in 2015 as the country's energy-dependent economy reeled from low oil prices, the state statistics agency said on Monday, citing preliminary data.

Iran smuggles in $1 billion of bank notes to skirt sanctions – sources

LONDON/ANKARA/NEW YORK: At least $1 billion in cash has been smuggled into Iran as it seeks to avoid Western sanctions, a bigger figure than previously reported, Iranian officials and Western intelligence and diplomatic sources say.
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