The fall of the price of Brent crude to $33 per barrel has prompted concern about the impact on the 2016 Russian state budget, which was calculated with an estimate of oil at $50 per barrel. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian […]
Russia’s GDP shrank by 4.6% in quarter two, and oil hit a six-month low on Monday morning. Are there signs that the Russian economy can rally? Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here. […]
Welcome to our new column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here, and see also our Russia This Week. The ruble continues to drop along with the price of oil, and the Russian government announces the partial […]
