Showing posts with label Macro View. Show all posts
Showing posts with label Macro View. Show all posts

Thursday, January 15, 2015

Russia Experiences A Double Whammy As It Heads For A Recession

This article was first published by Seeking Alpha on January 1, 2015

By Sarfaraz A. Khan. Research Asst: Iffat Zehra

This has been a tough year for the Russian economy which had to deal with the US and EU's sanctions related to Russia's conflict with Ukraine as well as plunging oil prices. And it seems that the challenging times are here to stay.