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Why 2016 should be a better year for Russia: Fasdal

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Recession, low oil prices and sanctions made 2015 a very difficult year for Russia. So how does 2016 look?

Saxo's Simon Fasdal, who's just returned from St Petersburg, says the situation there is still fragile with negative growth expected to continue this year. But he says there is also more positive news to report which he believes will help the financial climate.

Fasdal discusses the risks but also the potential returns for investors looking to extend their global portfolios.