Russians reduce rate to 18 percent (like that is good)
#Putin’s wartime folly Economic downfall Vladimir Putin has pushed Russia into an economic and strategic chokehold of his own making, eroding the state’s capacity to sustain its population while tightening the grip of an oligarchic clique. He promised stability; instead, he engineered dependency on oil and gas rents while starving innovation. The much-vaunted “sovereign economy”…
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