Cheaper oil highlights Russia’s economic woes
Vladimir Putin has repeatedly called on his ministers to introduce measures to counter Russia’s slowdown in economic growth, but with little effect. Oil is a key factor in the nation’s prosperity and prices have fallen significantly in 2013. Corruption means that major infrastructure projects are ineffective and many wealthy Russians believe their money is safer – and more productive - overseas.
THE atmosphere was grim when Russian President Vladimir Putin held a meeting with government ministers in Sochi, the designated site of the 2014 Winter Olympics.
Economic data showed ‘alarming symptoms’ of a slowdown in economic growth, and...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.