escarpins louboutin said Putin at a very high rate of domestic support

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not cut back on yesterday's announcement, the ruble exchange rate sharply lower,barbour soldes, dollar ruble rose to a new high of 48.7188. More importantly,louboutin soldes, the Russian central bank had previously said it would let the currency float freely, it means that Russia has been unable to intervene in the national currency continues to fall. British "The Independent" 26 said that as second only to Saudi Arabia the world's second largest oil producer, accounting for 70% of Russia's total energy exports,escarpins louboutin, Russia more than half of their revenues in the oil and natural gas. Currently,barbour paris, trapped in oil prices and the Western sanctions,nike homme, the country's economy is in freefall,air jordan femme, Russian President Vladimir Putin acknowledged that oil prices could be "catastrophic". US "Business Week" on the 26th that suffer the biggest drop in oil prices is Russia.
but Moscow can not be easily shut down Siberian oil fields, oil production shut down in the winter because not an easy thing. Russia is suffering from the sanctions, we can not afford to reduce the suffering of crude exports. "New York Post" to "Putin faced danger: falling economic free fall" in the title, said Putin at a very high rate of domestic support, but the Russian economy has slipped into a free fall the same track. One obvious problem is the collapse of the ruble,woolrich online, since June the ruble has depreciated nearly 40 percent, which significantly increased the inflation,nike tn pas cher, but also to Russian companies is difficult to repay debt. Unless energy prices rebound, otherwise Russia will fall into a painful recession and budget crisis. RIA Novosti reported on the 26th,louboutin paris homme, the Russian finance minister  said lower oil prices and the economic slowdown in 2015 may result in the loss of one trillion Russian rubles. He stressed that the annual average oil prices are likely to be kept at 80 to 90 US dollars, the Russian government must re-enacted budget in the next few years. Russia's "view report" that  24,louboutin paris, has said that the loss of oil prices to the Russian economy is 2.5 times the Western sanctions,talon louboutin, Russia may lose sanctions because $ 40 billion during the year, while oil prices fell during the year may bring 900 100 billion one hundred million dollars in losses. Also injured new US energy Russia regnum website yesterday published an article titled "Oil prices fell: anti-Russian conspiracy world.
" the report says many Russians believe that oil prices are a conspiracy of anti-Russian forces,barbour femme, mainly the United States and its allies should do. Nevertheless,abercrombie pas cher, the fall in oil prices seems to blame the US national policy is biased,louboutin soldes, because the United States the most important emerging industries - shale oil production companies are in this round of oil price surges losses. Goldman Sachs believes that the United States large-scale oil shale mining, making the cost curve to flatten,air max pas cher homme, Brent crude $ 85 / barrel is the bottom line of US shale oil production costs. Goldman Sachs has estimated that the top three US shale oil reserves of about one-third of Saudi Arabia's current oil reserves of countries,tiffany anelli, about 910 million barrels equivalent. As long as the price above the actual cost curve,louboutin paris homme, shale oil can be profitable, which means that as long as Brent crude oil prices above $ 85 / barrel,air jordan spizike pas cher, shale oil production could reach 11 million barrels per day According to estimates compiled by Bloomberg New Energy Finance, the cost in the United States 19 areas mined oil shale oil is $ 75 a barrel. Currently these areas are currently 41.3 million barrels of crude oil production. Currently Bloomberg shale oil index has fallen into a bear market. SMEs shale oil company these years has been in a state of cash flow deficit.
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