Authors

Sergey Shelin

Materials of the author

30 апрель 2012

Putin Without Oil 3801

Putin Without Oil

The traditional Prime Minister’s farewell speech delivered to the state Duma by Vladimir Putin was for the most part, boring with one major exception. He listed various programs, projects and promises, but never once indicated that they are only feasible if oil prices continue to rise year on year. The problem is that Russia’s economic dependence on the oil trade is not just important, it is critical


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