The Conversation

Russia’s economy is failing, but that gives it a chance to reform

09-12-2014 Author: The Conversation

The rouble continues to slide against the US dollar and euro.EPA/Yuri Kochetkov

Since the summer, the global price of oil has plummeted. After hovering above the US$100 per barrel level since 2010, prices have declined by around 40% in the space of just a few months. Brent crude has fallen below the $70 a barrel mark, with OPEC’s recent...

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