breitbart.com - 12/19/2008
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MOSCOW (AP) - Russia would come under crippling financial pressure and may need to raise money externally if oil languishes at an average of $30 a barrel over the next two years, the World Bank predicted Friday. The bleak scenario would mark a rapid unraveling of Russia's oil-fueled economic ...
ft.com - 12/27/2008
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ft.com —
Russia is bracing for further unrest as the
rouble on Friday slid to a new low against
the euro after a succession of moves to devalue its currency. A cut on Friday extended six weeks of devaluations by Russia’s central bank designed to offset the ...
(more)
FT.com / Europe - Russia braced for unrest
news.bbc.co.uk - 12/27/2008
timesonline.co.uk - 12/17/2008
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timesonline.co.uk —
Russia gave Lebanon an early Christmas gift of
10 MiG fighter jets today in a deal to
boost defence co-operation. The MiG-29 Fulcrum fighters would be provided for free to Lebanon under an agreement on military-technical assistance, the head of ...
(more)
Russia provides 10 MiG fighter jets to Lebanon for free
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Drill: World Bank Says Russia may need help if oil falls more
THE ASTUTE BLOGGERS —
We need to get it drilled into our heads, the drill is, we need to drill more, and drill now, and if we do, then we will drill tyrants like Putin, Ahmadinejad, and King Abdullah into the ground. From the Associated ...
World Bank: Russia needs a bailout, too
Hot Air » Top Picks —
World Bank: Russia needs a bailout, too posted at 2:30 pm on December 19, 2008 by Ed Morrissey Send to a Friend | Share on Facebook | printer-friendly Color me unsympathetic . It turns out that exploiting high oil prices to rebuild the Russian Empire turns out to be a bad business decision. The World Bank predicted a “nightmare scenario” for Russia if oil falls to $30 per barrel and it cannot pay its bills: Russia would come under crippling financial pressure and may need to raise money externally if oil languishes at an average of $30 a barrel over the next two years, the World Bank predicted Friday. The bleak scenario ...
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