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From July 2014 to February 2015 the ruble fell dramatically against the U.S. dollar. A 6.5 percentage point interest rate rise to 17 percent [128] failed to prevent the currency hitting record lows in a "perfect storm" of low oil prices, looming recession and international sanctions over the Russo-Ukrainian War. [129]
Connecticut passes legislation that will raise its minimum wage from $8.70 to $10.10 by 2017, making it the first state to answer President Obama's call for an increase in the minimum wage. [ 74 ] March 28 – The 5.1 M w La Habra earthquake shakes the Greater Los Angeles Area with a maximum Mercalli intensity of VI ( Strong ), causing a few ...
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