... and left a deep imprint on the national mentality. This heritage will undoubtedly stay with Russians in future, affecting their perceptions of themselves, the overall worldviews as well as many specific economic, social, military and other decisions.
Economy
Andrey Kortunov:
Is Global Icebreaker Race Imminent?
Today, the Arctic region houses less than 1.3% of Russia’s population, but it accounts for some 12–15% of the national GDP and for 25% of all the exports. One fifth of all Russia’s oil and four fifth of natural gas are extracted here. The Arctic continental shelf, which remains not fully explored, contains even more hydrocarbons—at least 85 tln cubic meters of natural gas and 17.3 bln tons of oil. With many old easily accessible ...
... such a volume of oil. Nevertheless, a strategic decision was made to gradually reduce shipments through the CPC and increase oil exports using infrastructure in other ways. Besides, it becomes clear that there is a need to increase the potential of non-commodity ... ... prolonged drought in Europe and China, floods in Pakistan.
The external environment has a rather grave impact on Kazakhstan’s economy. Alongside difficulties with exports, the country is experiencing problems with the purchase of basic goods, primarily ...
... 25% of the budget, the Egyptian government has decided to increase the prices in two critical sectors. First, the prices of oil and gas for factories were raised by about 50%, the former going from 1000 to 1500 pounds per ton, while the latter increased ... ... comeback initiative, which is even more concerning considering the orthodox nature of the movement.
The healing of the Egyptian economy – and concurrently of the country as a whole – may be in jeopardy of never materializing in the foreseeable ...
