Told Ryan Chilcote the country is heading into a recession if oil stays at 45 a barrel. The Current Situation 45 dollars a barrel and you expect that to be all year. In that case, the depreciation will be 4 5 . Oil price you are working on right now . It is a possible scenario. It is the worst possible. Generally, it will be higher than now. In case it is 45, the decline would be 4 or 5 . How long do you see the recession lasting . It depends on markets and we think that it will be 2016 are 2017. Or 2017. One of the price of oil stays low be on this year . We will have Something Like 170 billion. It is something around 10. The price will be around 45. The budget spending is for budget. It loses something with the oil prices. We have the budget. Ok. Lets get more and go to moscow. Lets get a sense of how confident the government officials are about the future right now. They are not confident. They are not showing yet. Theyre putting on a brave face. Things seem to have stabilized. The
The New York Stock Exchange and the nasdaq might as well relocate to beijing. Thats what i feel. After this week, at least that way the action could make some sense. And then i could come up with a better game plan. Let me think about it. Once again, stocks struggled t. Dow 43 points lower. Nasdaq climbed. 35 . Why . Here we go again. Tensions in ukraine and economic weak ness in china. We cant seem to get beyond these, believe me, for those that own a lot of oils of banks, it was plain brutal. An entirely miserable week so what thing do we have to look forward to next week . Lets start with russia vs. Ukraine. We allow crimea to succeed from you crane and go with russia. We know from statements made earlier this week that secretary of state kerry will have to live to up to his obligation and take action meant to reverse the situation. Teach the kremlin a lesson. I dont care about becoming a lesson we dont know what it could be, which is the proximate cause of this weeks weakness, howe
Directly on this last july. Reporter we did, and this is incredibly controversial, andrea, because you would have such a significantly high death toll. Lets look at that exchange. It is going to disappear. Its going to disappear. It would go away without the vaccine, george. It would go away without the vaccine . Sure, over a period of time, sure, with time. And many deaths. And youll develop herd like a herd mentality, its going to be herd developed and thats going to happen. That will all happen. Reporter now, when the president said herd mentality there he presumably meant herd immunity. But again, a highly controversial notion that the disease will go away without the vaccine and it was one that was being pushed by scott atlas who has now of course stepped down from his position here and a lot of, i can tell you, Top Health Experts are breathing a sigh of relief about that, that hes no longer the person who is closest in counseling the president on this issue. Now that there is, of
The South African liter calls on the g 20 group to accept more countries from the continent into the rank of africans push for a bigger role in politics the sunday pm here in the russian capital and mister garcia, international with the very latest world news update. Welcome to you. Now the polish president has made a u turn on the missile crisis off the initially blaming moscow. President , dude on now says he has no evidence that the missile, which fell in the eastern poland, killing 2 locals, was launched by the russian military. Hes also admitted that ukraines at the fences were likely responsible for the incident. Most likely, it was a russian made as 300 missile at the moment. We have no evidence that it was a missile fired by the russian side. Much indicates that it was an air defense missile, which unfortunately fell on the territory of poland. Now as chief is also doubled down on the fact that has nothing to implicate russia in the incident, which was apparently caused by a Uk
A ukrainian mental blocks. The South African leader calls on the th, when a group to accept more countries from the proximate into their ranks. As africa pushes for a bigger role in geo politics. A month out of the world. This is our international. Im Rachel Blevins here with the top stories that be our welcome to the programmer. Poland has decided not to invoke a provision of natos charter for an inquiry into the missile incident. The Un Security Council convene to discuss the situation according to russias un ambassador. The missile incident was a deliberate provocation by ukraine and poland to bring nato into the conflict. Yes, we believe this meeting had not been scheduled. We would have had to convenient anyway. The discuss the attempts by ukraine and poland wants to provoke a direct clash between russia and nato. But it was not just an intentional attempt at this information, but a conscious attempt to bring natal, which is currently conducting a proxy war, into a direct conflict