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2016-02-20 21:05:00

RUSSIAN ECONOMY EFFICIENCY

RUSSIAN ECONOMY EFFICIENCY

Russia's general economy is withstanding depressed global crude oil prices now despite its heavy reliance on crude exports because the government adopted different financial policies in 2008, a Yale University International Security Studies official told a Washington, DC, audience.

"The economy has held up surprisingly well when you consider the stresses on it" that include Western sanctions preventing banks and oil companies from issuing debt and imposing bans on high-tech oil equipment purchases, said Christopher Miller, Associate Director of the Brady-Johnson Grand Strategy Program at Yale ISS.

"The reason…

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Tags: RUSSIA, OIL, GAS, ECONOMY

Chronicle:

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U.S. OIL INVENTORIES DOWN 9.6 MB

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2019, March, 22, 10:15:00

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2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

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