
The Russian economy started stagnating in 2013, but the nation was never actually able to recover from the 2008-2009 recession, according to Stratfor Global Intelligence. The combination of the 2014 sanctions over the Ukraine and collapsing oil prices is a perfect economic storm that is grinding Russia to a halt.
by Chriss W. Street12 Aug 2015, 7:21 AM PST0

After a series of “extreme” fluctuations in Russia’s currency–the ruble–California-based Apple Inc. has made the decision to halt the online sales of its products there, the iPhone 6 included, as the company reviews a strategy to deal with Russia’s economic crisis.
by Adelle Nazarian24 Dec 2014, 11:44 AM PST0

Former Russian finance minister Alexei Kudrin said on Monday that the Russian economy has entered a vicious downward spiral as Russia’s energy-centric economy continues to suffer from falling oil prices, Western economic sanctions, and a severely weakened ruble. “Today, I
by Wynton Hall22 Dec 2014, 9:37 AM PST0

(Inform) The falling value of the ruble has led to a lot of economic uncertainty in Russia. But in London, luxury real estate agents are enjoying more business as wealthy Russian oligarchs look for a safe haven to park their savings.
by Breitbart London19 Dec 2014, 6:43 AM PST0