The Russian economy will go south and dive with an accelerating speed:
Interest rates on loans to the agricultural sector are up between three and four percentage points compared with a range of 12-14 percent at the start of the year, due to rising key central bank rates, Oleynik said.
http://in.reuters.com/article/2014/08/15/ukraine-crisis-russia-crops-idINL6N0QJ4MI20140815
Igor Sechin, the head of Russian oil giant Rosneft, has asked the government to provide the company with 1.5 trillion roubles ($41. 6 billion) to help the company weather western sanctions, the Vedomosti newspaper reported yesterday.
Under the plan, the state would spend money from its National Wealth Fund to buy Rosneft bonds, the paper reported, citing government sources. The paper added that Prime Minister Dmitry Medvedev had asked officials to analyse the idea.
Rosneft net debt stood exactly at 1.5 trillion roubles at the end of the second quarter. The company needs to repay 440 billion roubles by year-end and another 626 billion roubles next year, according to its latest presentation.
Apart from Rosneft, other sanctions-hit Russian firms, including Gazprombank, VEB and Russian Agricultural bank, have asked the government to support them via state funds. There are insufficient funds in the National Wealth Fund to finance the injection, Vedomosti said, as much of the 3.1 trillion rouble fund has already been assigned to other projects.
An anonymous official cited by the paper called Sechin’s plan “horrible”, and another government source told the paper that Medvedev was unlikely to back it. Rosneft declined to comment to Reuters.
Currency Charts (USD/RUB)
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The party is over, the last oligarch leaving should turn off the lights.
20,000 dead is not a laughing matter. At least not for normal people. I don't know from which stone you crawled out from, but this is one more proof of what you are.
I seriously doubt you are a Polish man. Or if you are, you belong to the rare kind of Polish people, like Felix Dzerzhinsky or Zbig Brzezinski.