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The oil price war
#4
From what I am reading the Rouble is in a far better state that the US dollar. It is backed by gold for one. Sanctions are causing some limited difficulties in Russia but no collapse at all. On the other hand the lower oil prices are screwing Norway and the UK now and soon the dear friends of the US the Saudi's and most of Gulf monarchies/dictators. Talk about an own goal. With any luck the BRICS will outlive all this and grow strong by sticking together. Sanctions never broke Cuba either.
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Messages In This Thread
The oil price war - by David Guyatt - 11-11-2014, 11:31 AM
The oil price war - by David Guyatt - 23-12-2014, 10:05 AM
The oil price war - by David Guyatt - 23-12-2014, 10:16 AM
The oil price war - by Magda Hassan - 23-12-2014, 01:17 PM
The oil price war - by David Guyatt - 23-12-2014, 03:18 PM

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