Remove Articles Remove Economy Remove Kuwait Remove Supplies
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 percent of GDP in 2014.

Russia 150
article thumbnail

The Real Reason for USA based Economic Recessions.

DIY Electric Car

This article will also show how the price of oil contributed to the current housing crisis as well but the responsibility of that problem has other root causes that will not be discussed here. Later on in this article you will see what the economic side effects are to this course of action. t stop the economy. Time will tell.

USA 180