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Russia's Power Play Hits Economic Weak Spot

Wall Street Journal Original article ›

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A 12% drop in Russia's RTS stock index on March 2, 2014, as Russia occupied the Crimea in Ukraine. The Russian economy was slowing down before the crisis. This is likely to reduce foreign investment in the economy. The ruble has declined 9% aginst the dollar in Jan-Feb. 2014. As a temporary measure the Russian central bank made a rate hike on March 2, 2014 of 1.5% to 7%. This is a difficult act for the central bank as raising rates could push the economy into recession.

The impact of the Ukraine crisis on the Russian economy in 2014 with western sanctions

08/11/2013

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Russia's Power Play Hits Economic Weak Spot

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Russia's Power Play Hits Economic Weak Spot

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Russia's economy- 2010-2014

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Putin Pledges Stimulus for Russian Economy

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Russia's Growth Pace Continues to Weaken

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Russia Looks to Borrow to Plug Funding Gap

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Russia Prepared to Let Ruble Slide

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Red Alert on Russia Is Premature

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Russia's Power Play Hits Economic Weak Spot

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