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?