Source Pravda.Ru

Reduction Of World Oil Prices Must Not Threaten Macroeconomic Stability In Russia

A reduction of the world oil prices must not create threats to macroeconomic stability in Russia. Managing Director of the International Monetary Fund (IMF) Horst Koehler who is completing his three-day visit to Moscow on Friday voiced this view at a press conference. He stressed that, taking the considerable dependence of the Russian economy on oil into account, it is necessary to keenly follow the situation. The Managing Director earlier noted that, by the Fund's estimates, the world level of the oil prices must not drop below the mark of 20 dollars per barrel. Koehler also stated that if the oil prices drop so much that it could adversely affect the Russian economy the IMF is ready to give its assistance to Russia.

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

North Korea declares victory over USA
Comments
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
North Korea is not a threat to the US
Should Russian athletes go to non-Olympic Games in South Korea?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon
Russia to install laser navigation system on the Moon
Putin to Sobchak: We will never let them turn Russia into another Ukraine
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Russia not pulling out from any international agreements, Putin says
Donbass without militia will be worse than Srebrenica - Putin
Donbass without militia will be worse than Srebrenica - Putin
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed