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On Tuesday, 16 of Dec. 2014, Russian ruble depreciated to the level of 77 rubles per US dollar. Russian economy will end 2014 below $2 trillion. If ruble/dollar exchange rate is not changed in 2015, Russian economy will fall below 1 trillion US$.

Related Data Insights

US Sanctions Against Russia

Russia's recovery from economic recession could be complicated by sanctions announced recently by US President Donald Trump, with still greater potential of painful restrictions on investors and Russian companies seeking to raise capital in Western markets. This year, the US Treasury initiated new sanctions against Russian persons and entities for activities including the alleged poisoning in the UK of former FSB Officer Skripal and his daughter as well as Moscow's alleged meddling in the 2016 US presidential election.The sanctions announced in April targeted seven Russian oligarchs and the 12 companies they own or...

Global Oil Market Imbalance | Overview of countries on either side

Global oil production remains strong even as some leading industry forecasts suggest that global economic conditions will override low global oil prices to constrain oil demand growth this year.Some leading OPEC producers, including Iraq, Kuwait, and Saudi Arabia, are producing at or near record levels, largely offsetting production declines from several OPEC and non-OPEC producers. Many of these OPEC members have relatively low operating costs or are on the upside of years of development to bring online new production and thus may not reduce production in the face of the oil price slump to retain their market shares.In...

Russian Government Ratifies Economic Sanctions Against Turkey

The Russian Government recently prohibited the import of 17 food items, including apples, grapes, oranges, poultry, tomatoes and other fruit and vegetables, from Turkey and banned charter flights between the two countries in response to Turkey shooting down a Russian SU-24 on 24 November. Today's Viz of the Day illustrates the current merchandise trade flows between Turkey and the Russian Federation and provides insight into possible losses to each economy as a result of the Russian embargo.Source: United Nations

"Эксперт-400" Ежегодный рейтинг крупнейших компаний-2013

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