At a government meeting on Thursday Prime Minister Dmitry Medvedev was made public figures on budget execution in the current year. It turned out that revenues were 370 billion rubles less than planned, and the deficit increased by 670 billion — from 2.3 to 3 trillion. But the saddest thing …
Read More »A huge fine will eat the reserves of the Deutsche Bank
The largest Bank of Germany will have to pay a billion fine, which can double its reserves stored in case of legal disputes. As our newspaper recently suggested (Broken mirror “Deutsche Bank”, № 34), American Supervisory authorities are prepared to impose a fine of 14 billion dollars to the largest …
Read More »The share of tight oil reserves in Russia is growing
The share of tight oil reserves in Russia is growing and has already reached 65% of total proven oil reserves; it is noted in the draft Strategy for the development of mineral resources of the Russian Federation until 2030″. The draft strategy was available on the website of the Federal …
Read More »Russia will not spend reserves for the sake of political ambitions
Russia is not going to thoughtlessly scatter of reserves and burning them in the sake of some political ambitions, said the President of Russia Vladimir Putin. “We are very pragmatic and very cautious. We reduce costs for those positions that do not consider a priority, and do not intend to …
Read More »The oil reserves in the U.S. increased, the price of Brent fell below $48 a barrel
Commercial oil inventories in the U.S. increased during the week from 19 to 26 August at 2.28 million barrels to 525,87 million, follows from the report of the energy Ministry of the country. The analysts polled by Bloomberg, expect growth stocks to 2.5 million barrels, according to TASS. Inventories of …
Read More »The volume of new oil reserves fell to the lowest level in 70 years
Geologists last year found 2.7 billion barrels of new oil reserves, which is the lowest since 1947. Such data contains in research of the consulting company Wood Mackenzie, Bloomberg soobshaet. Compared with the average figure since 1960, the open volumes of oil decreased by 10 times. In 2016, the decline …
Read More »The oil reserves in the U.S. unexpectedly increased, the fall in Brent prices has accelerated
Commercial oil stocks in the United States (excluding strategic reserves) for the week ended August 19, unexpectedly rose 2.5 million barrels to 523,6 million barrels. Such data are contained in the review of the energy information administration of the country energy. Analysts polled by Reuters, on the contrary, believed that …
Read More »Russia burns all the reserves for the sake of “stability before the election”
Financial analysts, starting in the spring of this year not once got trapped with their unfulfilled predictions. Traditional market indicators suddenly stopped working. The ruble began to exhibit unprecedented stability, refusing to follow the fluctuations in oil prices and without being subject to obvious seasonal trends. Show completely… The reason …
Read More »The oil reserves in the U.S. last week rose 0.2%
Commercial oil stocks in the United States (excluding strategic reserves) for the week ended August 5, rose 1.1 million barrels, or 0.2%, to 523,6 million barrels, said Analysts polled by Reuters, on the contrary, believed that the reserves for the week decreased to 1,025 million barrels to 521,475 million barrels. …
Read More »Golikova called the close to exhaustion of reserves of economy at the expense of the population
In Russia are almost exhausted reserve of savings of the population and growing number of poor, said the head of the audit chamber Tatyana Golikova. In her opinion, the authorities attach significant importance to the burden on citizens of savings potential due to the population close to exhaustion, said …
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