The death of airline Transaero is an unfortunate microcosm of everything wrong with Russia’s business climate.
May 18, 2016
By: Aaron Schwartzbaum
On October 1, 2016 Russian Prime Minister Dmitri Medvedev announced that Transaero, Russia’s second largest airline, would go bankrupt. Though the story did not receive much play in Western media, it is both fascinating and highly indicative of the uncertain state of the Russian economy. Especially …read more
Source: Center on Global Interests