Source Pravda.Ru

Russian Government Does Not Think Falling Oil Prices Will Prevent Fulfilment Of 2002 Budget

One need not expect negative effects on the fulfilment of the 2002 federal budget from Friday's dropping of world oil prices, said an informed source in the Russian government. Crude prices fell on Friday in the world's exchanges to a record low for the past few years - below 18 dollars per barrel. But, the source emphasised, it would be incorrect to speak of any sharp fall in oil prices, because it approached its average figure for the past 10 years. Proceeding from the fact that revenues of next year's federal budget were projected according to the so-called "conservative scenario," one can safely say that all spending in the 2002 budget will be 100 per cent financed. As for additional revenue, the emerging situation is proving the correctness of the government which is insisting that expenses related to it should be financed only as money comes into the federal budget.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

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In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.

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