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In Russia they have calculated the poverty level

The average ratio of median income to the cost of a fixed basket of goods and services (poverty) in Russia amounted to 1,65. An additional indicator was considered as the proportion of the population below the poverty line. The corresponding results were represented by experts from RIA Novosti on the …

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Putin: income Level low

Russian President Vladimir Putin said that the level of people’s income is reduced, and therefore it is necessary to think about measures of support. The head of state said on Friday at a meeting with members of the working group for preparation of amendments to the Constitution of the Russian …

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Russian oil fell to the lowest level since 1999

Friday, March 27, the Russian Urals crude oil was trading at 16.2 per barrel. For the week, it fell to 5.51 dollar, so the price is back to 90-ies of the last century. Below contracts for Urals was only in June 1999, according to the petroleum information Agency Argus. The …

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