Unformatted text preview: the sale of a single product.
Emerging markets. Emerging markets are places in the world where the economy has started
growing well enough that they have become places where companies can sell a substantial number
of consumer products.
Ethnicity. Ethnicity refers how a person identifies themselves based on a common heritage with
Eurozone. The Eurozone is an economic and monetary union of 16 European countries.
Fossil Fuels. Fossil fuels are fuels that are naturally derived from decaying fossils in the earth. Fossil
fuels include coal, oil, and natural gas.
Moscow. Moscow is the capitol of Russia.
Oil dependence. Oil dependence refers to the idea that a country needs to import its oil in order to
have enough to meet the domestic demand for oil.
Pension. A pension is a monthly payment that you get from a company or the government after you
retire if you have worked there for a number of years.
Proliferation. Proliferation refers to the spread of nuclear weapons
Rouble/Ruble. Russia’s currency/money 2|Page Russian Oil DA Affirmative BDL
BRIC Countries. Brazil/Russia/India/China
CBWs. Chemical and Biological Weapons
EIA. Energy Information Agency
EUROX. Eastern European Fund.
GDP. Gross Domestic Product. The GDP is a country’s total economic output over the course of a
IMF. International Monetary Fund. The IMF monitors the global economy and works to provide
support for it when necessary.
OPEC. Organization of Petroleum Exporting Countries
Mevdedev. President of Russia
Putin (Vladimir). Prime Minister of Russia.
Yeltsin (Boris). Former President of Russia. 3|Page Russian Oil DA Affirmative BDL Non-Unique – Russian Economy Declining Now
[____] [____] Russian oil prices declining now
Euro News, 2012
(June 1, http://www.euronews.com/2012/06/01/rouble-tumbles-further-on-oil-price-slide/)
The rouble has continued to drop in value, hitting a three year low against the dollar as it slid more
than five percent in a week. The Russian currency has been pulled down by the recent big
slump in oil prices on which the country’s economy depends. Increased demand for dollars by one
Moscow bank was also cited by traders as a reason for the rouble’s fall. [____] Oil prices and the value of the Russian currency are declining now
New York Times, 2012
(June 4, http://latitude.blogs.nytimes.com/2012/06/04/while-the-ruble-slumps/ )
The Russian currency is in free fall. With the price of oil tumbling, the ruble has lost nearly 10
percent of its value against the dollar over the last two weeks and will likely lose more.
Considering that Russia imports the bulk of its food and consumer goods, that amounts to a
nearly 10 percent loss in buying power for its citizens. 4|Page Russian Oil DA Affirmative BDL Non-Unique – Russian Economy Declining Now
[____] Russian economy tanking – investment and current oil prices
Nathan Vardi, Forbes Staff Writer, 2012
When Vladimir Putin was re-elected in ea...
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This document was uploaded on 02/06/2014.
- Spring '14