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Russia expects first deficit in a decade
Russia will run a budget deficit in 2009 for the first time in a decade as low oil prices take their toll on government revenue, a Kremlin official said Wednesday, the state RIA-Novosti news agency reported. Arkady Dvorkovich, the president's economic adviser, said the size of the deficit was ...
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DrumBeat: December 24, 2008
The Oil Drum - Discussions about Energy and Our Future — ... in 2010. (Here’s my column on the bet; here’s the Wikipedia entry on it; here’s an analysis of where we stood earlier this year by Stuart Staniford in the Oil Drum.) [break] Oil Falls Below $37 on Forecasts U.S. Supply Rose a Third Week (Bloomberg) -- Crude oil fell below $37 a barrel in New York before a report forecast to show that U.S. inventories rose for a third week as demand ebbs. Russia expects first deficit in a decade Russia will run a budget deficit in 2009 for ...

DrumBeat: December 24, 2008
The Oil Drum - Discussions about Energy and Our Future — ... $200 per barrel in 2010. (Here’s my column on the bet; here’s the Wikipedia entry on it; here’s an analysis of where we stood earlier this year by Stuart Staniford in the Oil Drum.) Oil Falls Below $37 on Forecasts U.S. Supply Rose a Third Week (Bloomberg) -- Crude oil fell below $37 a barrel in New York before a report forecast to show that U.S. inventories rose for a third week as demand ebbs. Russia expects first deficit in a decade Russia will run a budget deficit in 2009 for ...

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