Markets have soared: the ruble is the best-performing emerging market currency this year, up over 20 percent since late January against the dollar, and equities have posted double-digit gains. Russian markets have benefited from a range of macroeconomic and technical factors—a moderate pickup in oil prices, a search for yield by investors punished by low […]
Russia’s recession, then, will be sharper, longer, and more painful than initially anticipated. And it’s not just because of the “meddlesome” West or its financial sanctions. Russia is squarely in the crosshairs of some ongoing changes in the world economy, changes that are going to make the next few years a lot more challenging than the past few. Read Here – The Moscow Times
Russia’s economic crisis is forcing the government to trim its prized defense budget, and if the situation worsens, President Vladimir Putin may have to choose between his current saber-rattling and buying the new equipment his Soviet-style forces have been promised. Back in 2011, when relations with the West were relatively tranquil and Russia’s shows of force […]
For most of the West, Vladimir Putin is a bogeyman. His love affair with the thuggish separatists in eastern Ukraine has blotched his image across the democratic world. In November, he had to slink away prematurely from the G20 Summit in Australia after he was snubbed by just about every leader who counted. Yet the reception […]
looking beyond borders 