21.12.14




Russia in the spotlight


The Ruble is falling like a stone and the price of oil cut in half. How is this going to play out not only domestically inside Russia but the larger interconnected world we live in. While there are many lenses one could look at it is instructive to follow the money and then ask questions. Here are some current resources that are excellent references to what is going on.

Articles
http://www.bloomberg.com/news/2014-12-17/putin-s-secret-gamble-bet-on-ukraine-backfires-in-ruble-crisis.html
http://www.bloomberg.com/news/2014-12-19/russia-expanded-gold-holdings-for-eighth-month-amid-ruble-rout.html
https://www.bloomberg.com/news/2014-12-15/russia-increases-key-interest-rate-to-17-to-stem-ruble-decline.html

Following sampling of Russian Equites that have been badly beaten up. Maybe a time to buy?
LUKOIL ADR SHARE PRICE
GAZPROM SHARE PRICE
Market vectors Russia ETF

Books that are definetly worth reading that lay out the current environment.

The Colder War: How the Global Energy Trade Slipped from America's Grasp

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