Tag: Black Tuesday in Russia

‘Black December’ Means Putin Needs a New Grand Bargain with the Population, Belousov Says

December 21, 2014

Staunton, December 21 – The collapse of oil prices and the ruble along with Western sanctions have destroyed any basis for the grand bargain that the Kremlin had made with the Russian people – economic growth in exchange for political passivity – and raised the question as to whether there can be a new one […]