As everyone’s eyes are fixed on the Russian fighters zooming through the skies over Syria, things aren’t actually so glamorous back in the Motherland. Bloomberg has the story:
[Anatoly] Anisimov, 50, has put his plans on hold as he digs in for what could be Russia’s longest recession in almost two decades. “Nothing good awaits us next year either,” he says.
Across the Russian economy, businesses have shelved investment plans, worried that the ruble might extend its decline if oil prices slide further and that geopolitical tensions could bring new economic headwinds.The prospect of a prolonged slump is a challenge for the …read more
Source: The American Interest
