Monthly Archives: December 2016

Price of exported Russia natural gas is now at 30% of 2011 level

The Russian economy has been crippled by the falling price of natural gas. The global gas glut and low prices themselves are expanding the natural gas market by making use more attractive vs oil. Gazprom has long been the dominant … Continue reading

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The world and debt

The International monetary Fund said the world debt is $152 trillion. It said that new research in its half-yearly fiscal monitor covering 113 countries had shown that debt was currently 225% of global GDP, with the private sector responsible for … Continue reading

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