JRL NEWSWATCH: “Russia’s Achilles heel: Putin still falling short on master plan for aging oil economy” CNBC/Ashleigh Garrison, Kelly Song
- Russian President Vladimir Putin has displayed geopolitical intelligence and military strength, but he falls short when it comes to mastering the Russian economy.
- The Russian market is still largely dependent on rising oil prices and the lack of innovation is a major economic weakness.
- GDP is growing, but slowly, and critical foreign investment remains low due to Putin’s provocations and resulting sanctions.
Click here for: “Russia’s Achilles heel: Putin still falling short on master plan for aging oil economy” – By Ashleigh Garrison and Kelly Song