From the alleged doping cover-up of more than 1,000 Russian athletes in the Olympics to President Barack Obama ordering America’s intelligence agencies to investigate the Russia’s alleged involvement in the recent U.S. presidential election, Moscow has dominated news headlines within the last week.

And in a deal announced on Dec. 7, the Kremlin once again defied expectations. The Russian government has agreed to an $11.3 billion deal that will see it sell a 19.5 percent stake in state-owned oil giant NK Rosneft PAO to Swiss commodities trader Glencore plc and the Qatar Investment Authority (QIA), the sovereign wealth fund of the Persian Gulf country.

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