The Conversation

Putin's plan to fight recession in Russia also increases Kremlin's control of the economy

Author: The Conversation

Putin is taking control of the Russian economy.Sergei Ilnitsky

The Russian rouble started 2015 in much the same way it finished 2014: badly. After losing nearly 50% of its dollar value between July and the end of the year, the rouble lost a further 7% in January. The primary cause of this continued decline is the falling price of oil: Brent crude...

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