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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (776)	10/31/1998 6:51:00 PM
From: Rob Shilling	Read Replies (2) \| Respond to of 1301

If there is trouble in the Gulf, (see recent news on Iraq), Russia would benefit. Higher oil prices on problems in the Gulf will have an immeadiate impact on Russia's economy with much needed hard currency. It will also point to the importance of Russia's natural resources and the fact that the west needs to help invest in Russia's oil production and stay friends with Russia by helping out during times like now. IMHO, there will be a future "race for resources", where Russia will be an important country. As oil excess capacity becomes much smaller with rising world demand, the countries with oil will become more important in the economic landscape.