The global recession and energy markets
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LEONID GRIGORIEV
The business cycle, the global financial crisis and the future of oil markets are currently the three most popular topics of discussion. Since the start of the recession, the international media has been quick to bring many new theories and revelations, brilliant in their simplicity, to light. Hope is the mother of invention, and amidst the crisis they cannot be disproved. However, in two or three years time, 99% of this verbal chaff will have been blown away and only serious analytical work will remain.
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