Joseph Dunford says Russia most military capable country of those posing threat to USWorld July 23, 4:57
Russia’s US envoy Kislyak steps down, his deputy to act as Charg d'Affaires ad interimRussian Politics & Diplomacy July 23, 1:33
Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrive in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
BRISBANE, November 16 /TASS/. Russian President Vladimir Putin said on Sunday that the current fall in oil prices was not affecting Russia’s budget. According to him, it has been caused by growing oil production and a drop in oil demand.
“These are the two fundamental factors but there is also a monetary one -the fluctuating dollar rate,” Putin told a news conference on results of the G20 summit.
“I would like to stress it once again that the falling oil prices are not affecting the Russian state budget. What I mean is the Central Bank’s decision on transition to the floating rate,” Putin said adding that oil prices also concerned the financial state of energy companies, investments in their future development, extraction, etc.