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The fall in oil prices has made Russia the same weak, what was the fading of the Soviet Union.

This writes The Telegraph informs Censor NOT with reference to Ukrainian news.

As the paper notes, in the mid-1980s collapsed oil prices "put the USSR on his knees" for two years, after two years of stagnation destroyed the country. It is important to remember how strong seemed to be the USSR, the article says.

"The country was able to produce the goods. She was the industrial engine, with amazing scientists and engineers" - the newspaper notes, and adds that modern Russia on a number of key aspects of the weaker of the Soviet Union. In particular, one of the experts said about capital flight, brain drain and the loss of technology.

According to the newspaper, at the end of the cold war, Moscow has had a chance to build a modern and diversified economy with enthusiastic help from the West, but this feature didn't Russia.

USA Today, in turn, writes that lower oil prices are pushing the Russian economy, weakened by sanctions, inflation and political risks to the recession. Problems of Russia, the eighth largest in the world economy, can have global implications, including for some European banks and for a number of countries in Europe and Central Asia, the article says.

The Wall Street Journal, for its part, notes that the growth of the Russian economy has stalled amid Western sanctions and the fall in oil prices. Finally, Forbes writes that "Renaissance" in the United States associated with the production of shale gas and deprived Russia of the status of the largest neftepromyslovaya outside OPEC. According to the forecast of the U.S. energy information administration, "Russia will not recover over the next 25 years or more, the article says.

Source: http://censor.net.ua/

 


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