Source Pravda.Ru

Putin Says Russia Wants Fair OPEC-determined Oil Prices Corridor

Vladimir Putin said during his Saturday night interview with American journalists that Russia wanted a fair oil prices corridor. According to him, this implies the OPEC-determined $21-27 for barrel corridor. This price corridor would create conditions for oil consumers to develop efficiently and allow oil-producing countries to solve their economic and social problems, Putin noted. The Russian President also supposed that "the drop of prices on world markets would dramatically affect" the Russian economy, since "the budget was based on a presumption that the oil prices dynamics would be negative." However, "we have no panic with this regard."

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Presidential candidate Ksenia Sobchak, who was accredited for the press conference by Vladimir Putin from Dozhd (Rain) television channel, asked Putin about competition at the coming election

Putin to Sobchak: We will never let them turn Russia into another Ukraine
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