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Petro states like russian president vladmir putin whose economy depends on oil for estimated 68% of the its exports. in fact, if you talk to a lot of people in russia, they believe that certainly not economic sanctions that the u.s. and europe have put on them that are really causing an economic squeeze. it is the oil price downturn. reporter: some estimates suggested that the russian economy could contract by up to four 1/2 points this year although that hasn t stopped president putin from displays of foreign adventurism over last 12 months, most notely in syria, martha. martha: some of our allies are petro states. they re dealing with a double-edged sword in this pricing issue. reporter: very much so. analysts point to states like nigeria, top 15 oil producer facing domestic terror threat from boko haram. gdp in nigeria grew in the third quarter but was still down 3 1/2 points year to year. and there are other caress. with the saudis this can be a very dangerous situation because ....
It was i ammmaculately maintained airplane. an airplane doing over 100,000 flight hours and 80 and 90,000 cycles is not an issue as long as it s well-maintained and you couldn t get a better maintenance outfit than lufthansa. are there unique weather concerns when you re above the mountains, let s say you re flying at 38,000 feet and all of a sudden you begin this descent, are there weather conditions that could have contributed to this problem? the weather was reported to be fine at 38,000 feet. now, whether, for instance there was an icing issue, the pitot tubes, the senators that feed the computerized airplane or its flight data whether they stop of course i wouldn t have thought so. certainly the weather was a factor when it got down low. ....
To work with low visibility so it would be possible i suspect, once you found it, to send divers down. so we have these parallel efforts that are happening right now, first, of course is search for the plane for more victims and then there s still the ongoing investigation even without the black boxes into what kind of clues are out there that may have told the story of what happened to the plane. miles, today one theory came out in a 14-page report that perhaps there was an icing issue that investigators say their analysis shows there might have been a lot of ice in the clouds when flight 8501 passed through and that impacted the plane s engines. i guess i ve always thought as a traveller, you know, that planes are able to at least control a little bit of that they have the systems to be able to de-ice de-ice, in a sense, enroute encase they encounter bad weather. help me understand what may have contributed here been the factors in which if this de-icing theory is true. ....
well, let s show you a cross section. i even have questions for the experts because i m not a pilot. i m not an aviation expert. this is a cross section. now, earlier satellite pictures were showing a pretty large thunderstorm. a thunder head and anval cloud that was moving into the flight path. we don t know. we can only assume maybe this is the one that caused some turbulence. this is not to scale. the plane would be much smaller. sure. again, assume 32,000 feet. has an issue. calls to ascend to 38,000. you re getting over 53,000 feet for those thunder heads and cloud tops, obviously there s downdrafts, updrafts, there s an icing issue here. what i d like to know and ask some of the experts, on these aircraft, what type of warning systems and how much of a lead time or advance notice do they have that some of these build out of nowhere? but are there instrumentation that will say turbulence ahead or are you in the situation as it occurs? well, it seems like i want to bring ....
That additional part of the pool they re being forced to take on, at suppressed rates, certainly does raise the solvency issue and going forward raises a pricing issue as well. the washington post reporting states are split. while florida, north carolina, ohio and kentucky, as well as texas, so far, has said insurers will have the opportunity to sell these plans. but a number have already rejected the president s renewal proposal, warning it could raise premiums. that includes rhode island, vermont and washington state. they say they ll stay the course. states such as maryland and kentucky, as well as others, are still weighing their options. the white house says, however, many will follow the problem s lead and the administration is confident in the fix. the affordable care act has within it the provision that allows insurance companies in those states where the state insurance commission, allow it to renew existing policies already. and that was true prior to the ....