... speculation. Then, as partially anticipated, there's the financial risk. Many producers have incurred in heavy debts to finance their development, confiding in their revenues from oil sales to repay them and in the favorable interest rates, Venezuela being a prime example. Then even if not so financially exposed, some recessive effects are doomed to happen anyway. For example, according to the IMF, in 2015 Russia will supposedly lose a chunk of its GDP amounting to 3%. That would explain ...
Search: Europe,Venezuela (2 materials)
... on geopolitical ground, with the aim to knock out of the market not the shale industry, but rather the other traditional producers. And if we factor in that this effectively translates into a hard impact on the economies of countries like Russia and Venezuela, which are not currently enjoying a healthy diplomatic relationship with the United States, then sinking the oil price down would be a way to kill two birds with one stone, configuring a win-win scenario for the Saudi-American partnership. Of ...
In your opinion, what are the US long-term goals for Russia?
U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements 33 (31%) U.S. wants to deter Russia’s military and political activity 30 (28%) U.S. wants to dissolve Russia 24 (22%) U.S. wants to establish alliance relations with Russia under the US conditions to rival China 21 (19%)