....and the reason I said the russian GDP will be contracting this year ......whatever data russia tries to put out ......is because Urals oil price is currently $65.72 .
Won't be helped by Saudis deciding to increase production .
of course any fool can see the russ economy is very sick with the sovereign wealth fund quickly disappearing , the drastic labour shortages , 12% inflation and 19% official interest rates .
Foolish to imagine anything good happening there .
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