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Medvedev predicted the economy crisis more than 2008

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 words of ex-Prime Minister leads TASS. “The current crisis, obviously, certainly not …

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Leonid Gozman: a Eulogy to the Ball – where is the money?

The world is infinitely complex, and “every problem has a simple, friendly people, wrong decision”. Simple solutions to suggest people are stupid or cynical, and they lead only to misery and injustice. But effective steps are always difficult and obscure, their produce specialists, their suggestions nobody likes and before his …

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Russian wheat was not enough

Buyers of Russian wheat around the world who seek to increase their own stocks amid the pandemic of coronavirus, was not enough supply. About it writes Bloomberg. Russian agriculture Ministry imposed a temporary quota on the export at the end of March. The idea was to export until the end …

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Russia became the fourth in the world in military spending

Russia in 2019 returned to the top five in military spending, took the fourth place. This was announced by the experts of the Stockholm international Institute for peace studies (SIPRI). The TOP 5 also includes the United States, China, India and Saudi Arabia. The country’s first five collectively spend 62% …

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Why oil could fall to minus 100 dollars per barrel

There is a possibility that world oil prices will fall to a minus of 100 dollars per barrel. This opinion was expressed by Mizuho Bank oil analyst Paul Sankey, who in March warned of the possibility of negative prices for raw materials. His forecast is based on the dynamics of …

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Coronavirus has dealt a second blow to Gazprom and Rosneft

In Russia — the new napasat. A series of outbreaks of coronavirus infection recorded in the enterprises which are engaged in extraction of minerals, including oil and gas. For companies it is fraught with forced quarantines, changes in schedules, increase costs. The risk that the coronavirus will eventually hit the …

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Russia will be forced to burn the “extra” oil

Small Russian oil companies risk losing the opportunity to sell the produced oil, in private conversations, the leaders of some of them admit that they have already prepared to burn their raw materials is unnecessary for buyers, writes Lenta referring to Bloomberg. Interviewed by the publication of the relevant analysts …

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