Ben Judah: The Kremlin has known, ever since the oil boom took - TopicsExpress



          

Ben Judah: The Kremlin has known, ever since the oil boom took off 10 years ago, that a political system was being built on the basis of the one thing in Russia that Vladimir Putin could not control - the price of oil. The Kremlins own accounts estimate that sales of oil and gas accounted for 50% of Russias federal budget revenue in 2013. And ominously, roughly half the Russian population lives off the state budget - either as state employees, pensioners or as benefit claimants. Übersetzung anzeigen
Posted on: Sat, 20 Dec 2014 17:14:25 +0000

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