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Medvedev: the current crisis may be worse than in 2008-2009

The current crisis in the economy might prove harder than in 2008-2009. This opinion was expressed by the former head of the Russian government Dmitry Medvedev, who now holds the position of Chairman of the security Council. “The current crisis, obviously, certainly not less severe, and may be more severe …

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Why the crisis is inevitable?

The title is provocative. The question already contains the claim that the crisis is INEVITABLE, only the reason why? In reality, of course, wrong. This is off the optimistic view))). Actually the question contains two statements, the second and most of the readers didn’t notice. Inevitable we have in the …

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Russia predicted a major crisis in a decade

Russia predicted a major economic crisis in more than a decade because of the coronavirus pandemic and the fall in world energy demand, writes Bloomberg referring to research of analysts of the energy centre SKOLKOVO. Almost half of Russia’s budget accounts for revenues from energy trade, the Agency said. However, …

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