Posted by & filed under Governments & Regulators, Industry Analysis.

Description: While oil prices were soaring, Russia amassed a pile of hard currency that most countries could only dream of.

Source: Businessweek.com

Date: Dec 05, 2014

Link: http://www.businessweek.com/articles/2014-12-05/russia-needs-cash#r=hpt-ls

Questions for Discussions:

  • How has oil changed Russia’s economy?
  • Why is capital leaving?
  • What can Russia do about the low price of oil to mitigate the damage being done?

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