December 19, 2007 By Citizen M

RA’s Daily Russia News Blast – Dec. 19, 2007

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Today: Warning on Russia’s stabilization fund; Rosprirodnadzor fines Sakhalin II project operator; Tymoshenko speaks about gas negotiations with Russia; relations improving with Greece, Poland and Iran; Foreign Ministry to release captured Japanese fisherman.

The official in charge of Russia’s stabilization fund has warned that “irrational” domestic spending could cause further inflation and make the economy dependent on the movements of the global oil market.