Business News Network
With the Russian budget based mostly on the oil worth averaging $forty per barrel, the jump to $55 after OPEC agreed to production cuts might add one trillion rubles (about $15 billion) to Kremlin coffers, in response to VTB Capital analysts. However, quickly magazines and newspapers started speculating that due to the corrective actions taken by authorities and business bodies, it was likely that the current recession wouldn’t be as severe because it was expected to be. Western Energy plans to reduce spending by almost $1 billion within the next 5 years in comparison with the five years just gone, in accordance with a proposal by the state-owned network operator to the state’s economic regulator. Independent Perth theatre company The Final Great Hunt is seeking to grow its presence in its hometown and strengthen its ties to the business community with the launch of a new donor circle and a … Read More