Russia's Economy: How Bad Will It Get? - BusinessWeek

Business Week, Economist, Los Angeles Times by Jason Bush | Nov. 19, 2008 (News Report)

"Today it is clear that the crisis is spreading, unfortunately from the financial sector into the sectors of the real economy," Russian President Dmitry Medvedev admitted on Nov. 18. Full Story »

Posted by Peter L. Combs

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Subjects: World
Topics: Russia
Member Tags: Russian Economy, Putin, Oil Collapse
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Posted by: Posted by Peter L. Combs - Nov 22, 2008 - 3:36 PM PST
Reviewed by: Peter L. Combs (review), Sarah Brown (review)
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Edited by: Peter L. Combs - Nov 22, 2008 - 3:36 PM PST
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3.8
 by Peter L. Combs - Nov. 22, 2008

All three articles starting with Business Week did a great job outlining the economic abyss facing Russia with the falling oil market. Good insights on the causes of the collapsing Ruble.

The collapse of oil prices while a boon for most, might be a crippler for the current Russian leadership. The motivation for Putin's desperation, ... More »

This week President Dmitry Medvedev conceded that the crisis was spreading to the real economy. More »

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by Sarah Brown - Nov. 29, 2008
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    The crisis goes straight to Putin's Achilles' heel, raising the long-muttered question of whether it was keen policy or simply record-breaking oil prices that allowed him to ...
    Posted by Peter L. Combs
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