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Thursday, May 14, 2015

A Russian Crisis With No End In Sight, Thanks To Low Oil Prices And Sanctions

Former Russian prime minister Evgeny Primakov warned that, if Vladimir Putin continues his Ukraine policies, Russia will become a pariah third-world petro state. The fundamentals of the Russian economy, as it enters 2015, suggest that Russia is fulfilling Primakov’s prophesy. Russia’s fate depends on economic factors beyond its control (energy prices and gas markets) and on Putin’s continued international adventurism, which he is loath to abandon for fear of regime change. Putin can no longer keep his promise to the Russian people of prosperity and stability. No wonder his propagandists are fighting full time to convince the West to drop its sanctions. Unlike the 2008/9 financial crisis, Russia faces a long and deep recession because the underlying causes are unlikely to go away in the near term. 


go to Forbes.com

7 comments:

  1. Very nice to hear. Since the low oil price is help the Russians from crisis.

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  2. Adana Evden Eve Taşımacılık Bize ulaştığınız ilk andan tüm taşıma işlemi tamamlanana kadar her aşamada size profesyonel olarak hizmet vermekteyiz. İş disiplinine verdiğimiz önemle müşteri sayımız her geçen gün artmaktadır. Sizlerin memnuniyeti ve güveniyle bu günlere gelmiş bulunmaktayız.

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  3. Adana Evden Eve Nakliyat
    Adana Evden Eve
    Adana Evden Eve Taşımacılık

    Evinizin eşyasını kendi imkanlarınızla taşımak istiyorsunuz ancak katlarınızmı yüksek sorun değil arayın bizi asansörlü evden eve nakliyat için size kiraya verelim rahatlıkla taşının.

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