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IS THERE THE WAY OUT OF THE DARK: THE FUTURE OF THE RUSSIAN ECONOMY

Is there the way out of the current financial crisis? The answer to this question unequivocally depends on the prices of oil, fueled by the ongoing economic sanctions imposed on Russia by the West and worsening geopolitical situation. According to many western and eastern media, the forecasts about the future of the volatile oil prices are clearly multifarious. The prices ...

Опубликовано:
25.02.2016 12:54:00

OPEC Decision to Cause Oil Shock for Russia

The OPEC refusal to decrease oil production and a subsequent price fall to a 4-year low make the future of Russian economy tenuous. Since July 2014, the Russian ruble depreciated to the U.S. dollar by 45%, and the economic growth stalled. Falling oil prices together with western ...

Опубликовано:
29.11.2014 22:15:00

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