Tag: Russian economy failing

Russian Economy Set to Take Another Hit – A Much Smaller Labor Force in the Future

November 8, 2015

Staunton, November 8 – To the extent that falling prices for natural resources will force Moscow to rely on the development of other sectors, the Russian economy faces another and perhaps even more serious hit in the near term – a dramatically smaller workforce, each of whose members will have to support significantly larger pensioner […]

How Bad are Things for Russia’s Poor? Some are Now Stealing Toilet Paper

August 4, 2015

Staunton, August 3 – There are all kinds of statistical measures about incomes and expenditures that show the situation Russia’s poor now find themselves as a result of Vladimir Putin’s domestic and foreign policies. But perhaps the most striking indication of how bad things really are for those at the bottom of Russia’s increasingly unequal […]