Failed Doha Talks Spur Biggest Russia ETF Outflow in Year: Chart

The Impact on the Global Economy From Doha and China

Investors pulled $49.1 million from the Market Vectors Russia ETF, Russia’s biggest exchange-traded fund, on Monday as a failure by oil producers to agree on an output freeze in Doha a day earlier triggered a 7 percent slide in crude. The withdrawal was the biggest from the fund since May 8, 2015.
Oil and natural gas account for about a third of Russia’s budget revenue and almost 60 percent of its exports.

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