Friday saw world oil prices jump over $8/ barrel after oil giants announced that hundreds of drilling rigs were being put out of service. Chevron announced it will halt shale gas exploration in Poland, citing market conditions.
Russya announced a lower interest rate from the central bank: 2 percentage points, down to 15%. Ha. Who wants to borrow at that price? Dostoyevsky? Dobrinen? Putin? Expect a recession in Kremlin soon.
In Ukraine, wear a helmet as the raining of mortar shells continue to fall on civilians.
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