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RT News - January 07, 2015 (19:00 MSK)

A massive manhunt is underway in Paris for three masked gunmen who shot 12 people in cold blood at the headquarters of a satirical magazine. France has raised its terror threat to the highest level. The German Chancellor is in London for high-level talks with the British Prime Minister- with freedom of movement across the EU likely to be a major focus. And, plunging oil prices could cause America's fracking companies to go bust. Some analysts warn the global economy is facing its biggest threat since the 2008 crisis.