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As Russia Confronts Pension Shortfall, Some Advocate More Aggressive Investment of State Funds

Tuesday, Nov. 13, 2007

MOSCOW -- After 26 years of serving as a captain in the Soviet Army, Nikolai Petrovich never imagined he'd be selling mushrooms past dark on a cold Moscow street corner.

Petrovich, 75, says he remains a fervent supporter of President Vladimir Putin and that his $350 monthly pension check would normally suffice, if not for price hikes that have made this capital the most expensive in the world. ...

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