Russian Economic Development and Trade Minister German Gref had a meeting with journalists in Moscow today and commented on the impact that high oil prices have on the Russian economy. He admitted that high oil prices had a two-sided effect. "High oil prices are a good and a bad factor at the same time," the Minister was quoted as saying. On the one hand, they provide high revenues in the oil industry along with an opportunity for raising investments and budget revenues. On the other hand, high oil prices slow down reforms, create an impression of welfare and strengthen the real ruble rate. The latter is a negative factor for other industries, in the first place, domestic processing industries, Gref said.
There are legitimate authorities in Donetsk and Luhansk republics now, with which Russia can implement the project of the economic integration of the Donbass
One hundred years ago today ended the most grueling of wars involving disgusting conditions for soldiers and at least 17 million deaths. We learnt nothing.
Russia has been developing an energy module on the basis of the megawatt-class nuclear power plant since 2010. The spaceship needs neither sunlight nor solar batteries