By Xander Snyder
Russia is facing an economic crisis, and the search for palatable solutions has come up empty. Low oil and natural gas prices have hamstrung the Russian economy, which depends on the sale of hydrocarbons. President Vladimir Putin knows the status quo must change, but he has put off a decision on the path forward as long as he could, reluctant to face the negative political and social consequences of action. Details of a plan are now on the table, but if he isn’t careful, it could cost Putin the support of rich and poor alike.
A Man With a …read more
Source: Geopolitical Futures