Over the last year, predictions of serious struggles for Russian President Vladimir Putin – or even his political demise – have been increasingly frequent. A recent article in The Economist, “An awful week for Vladimir Putin,” is just one example. But it is Putin biographer and New York Times correspondent Steven Lee Myers whose assessment rings most true: “Putin,” Myers has repeatedly said to me, “always wins.”
Maybe “always” isn’t quite true. Russia’s economy is expected to grow by only 1% this year, owing to lagging export diversification, large-scale capital flight, and low levels of foreign direct investment linked to Western …read more
Source:: Gulf times
