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Monday, July 28, 2014 - 1:00pm

International Court Rules Against Russia In $50 Billion Decision

Updated: 4 months ago.

Russia says it will appeal an unfavorable decision by a court in The Hague. The Permanent Court of Arbitration awarded $50 billion to shareholders of the defunct Yukos oil company. Russia seized the company in 2003 and put owner Mikhail Khodorkovsky in jail on tax and fraud charges.

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