Monday, March 17, 2008

The Russian government announced it will be hiking oil export taxes again. Prices today are about 20% higher than they were the last time taxes were hiked, so the government will be flush with cash again for the foreseeable future.

2 comments:

Anonymous said...

Ru.com wants to save as much as possible for a future or just because it can?

Anonymous said...

not a bad idea, finance minister will keep a lid on this cash for a while..