Russia » Economics
Author`s name Olga Savka

Petrodollars to ruin Russian economy despite high oil prices - Comments

Russia is not able to sell more than it sells at the moment, although oil prices continue their way upThe growing amount of petrodollars against the background of increasing oil prices, may eventually damage the Russian economy. Experts pointed out the problem long ago, but the question was left unnoticed, until it attracted the attention of the Russian president. According to latest analytical reports the growth of world prices on oil does not exert a positive influence on the Russian economy

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