Pages

Friday, March 20, 2015

For Russia's Economy, Ukraine is the Last Straw

Russian Economy Was Doomed Before Ukraine from the Moscow Times [in English]
"The conflict in Ukraine, and the associated economic statecraft employed by both the West and Russia in response to it, offers a convenient explanation for Russia's recent economic woes. But the truth is that the Russian economy has been weakening for several years, and that the Ukraine situation has merely exacerbated pre-existing tendencies."

No comments: