On russian Telegram: Falling oil prices are catastrophic for the economy.
Russian oil price approaches critical point for budget. Urals, Russia's key export, fell to a low of $54 a barrel, Reuters reports. over the past 14 months.
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Russian oil price approaches critical point for budget. Urals, Russia's key export, fell to a low of $54 a barrel, Reuters reports. over the past 14 months.
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Comments
(yep, I know, not the only cause. Still. It's there)
If the price falls below $50, the government will have to cut spending, although it is unclear how to do this with ongoing military actions
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No exceptions anyone caught buying half automatic transfers to Ukraine for defense.
Automatically.
All payments to Russia get cut in half sending half automatically to Ukraine.
Go ahead and sell your oil.
Banks seize the money.
Globally.
Automatic.