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

... 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 of oil at the beginning of the year 2016 fluctuated around $30 per barrel, compared to the price bouncing around $100 at the beginning of 2010. In modern world it is much cheaper to buy oil than bottled ...