Thursday, April 2, 2015

The World Bank predicts a long recession in Russia. Reason: the crisis … – Polish Radio

The World Bank predicts that in 2015 Russia’s economy will shrink by 3.8 percent in 2016 – 0.3 percent. This is a basic scenario is based on a forecast crude oil price of $ 53 per barrel in 2015 and $ 57 in 2016 roku.- remain two key political issues – as Russia will adapt to the new oil prices and sanctions; if you take a medium term perspective, the main problem for Russia is the persistent investment – quote “Vedomosti” principal economist at the World Bank for. Russia Birgit Hansl.

Falling oil prices hit the Russian economy & gt; & gt ; & gt;

The problem is a crisis of confidence

The reason for the fall in investment two years ago the World Bank as “a crisis of confidence in the state caused by unfulfilled hopes for reform “- report on” Vedomosti “. This crisis, which inhibited growth of the Russian economy began even before the imposition of sanctions related to the conflict in the Ukraine and against a decline in oil prices; further sanctions hit investor confidence.

The Economist about investing in Russia after the murder of Boris Nemtsov

Bloomberg / x-news

The World Bank report titled “The Beginning of a new era business? “. “Vedomosti” Director quote WB representative in Moscow Michael Rutkowski, who explained that this new era for Russia indeed different from what it was in 2012-2013. – I would like to be more optimistic, which is why we put a question mark – pointed Rutkowski.
More and more Russians live in poverty
World Bank report assesses the economic downturn threatens Russia’s achievements in the social sphere for the last 10 years. In 2015, the number of people living in poverty will increase from the current 11 percent. to 14 per cent., exceeding the level of 2007. This will be the first significant increase in the level of poverty after the crisis of 1998.

Poland is not in Russia’s sphere of influence. Financial markets need to understand & gt; & gt; & gt;
“Vedomosti” They cited the statement of the former Minister of Finance of Russia Alexei Kudrin: “The economy wpadająca stagnate for the next at least five years – right now we are on a doomed. Even if you start now reforms that they will not take effect within a year or two. “

Marek Belka: Russia learns from their mistakes and not in danger of bankruptcy

TVN24 Business world / x-news

PAP, abo

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