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Daily Archives: January 11, 2015

Wrecking Russia’s economy could be a disaster for the west

Like a rudderless ship running out of fuel and buffeted in an icy storm, the Russian economy looks as if it is heading for a crash. All the graphs – the rouble-dollar rate, the slump in GDP, bank interest rates, oil prices – look like menacing icebergs. The only question …

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5 reasons you should care about Russia’s falling ruble

Russia’s ruble was tanking on Tuesday faster than journalists could type, hitting levels against the dollar that were unimaginable even a week ago. 1) So why should I care about a weak ruble? Russia’s plummeting ruble is swiftly upturning the nation’s broader economy and threatening instability in a major world …

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