The Russian Economy Ministry believes that the military operation in Iraq will not last long, and it will lead to a decrease in oil prices to the level of $20 per barrel, Deputy Economy Minister Arkady Dvorkovich told journalists today. So, the average price of Urals oil, according to the ministry's estimations, will be $25 per barrel, Dvorkovich said.
On the whole, the situation in Iraq will not result in any radical change in the Russian economy; "the Iraqi conflict influences the dynamics of the world economy and the economic growth dynamics in the USA and Europe, first of all", he noted.
The British Prime Minister cuts a sociopathic figure, isolated, stubborn beyond belief, totally wrong and convinced that the world gravitates around her feet
The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13