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High price for the wrong path

January 15, 2015

Russia pays high price for taking the wrong path

High price for the wrong path

Recent statistics proves that Russian economy based on oil and gas approaches its dead end.

As of Wednesday, January 14, ruble – national Russian currency – has lost more than 40% of its value.

The price for Brent oil has dropped down by nearly 60% since June 2014 to less that 48$ per barrel.

Russian Federation has chosen the wrong path and now pays high price.


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