Kremlin financial power struggle

Discussions of politics in Russia and outside, post-soviet countries; Dmitry Medvedev and Vladimir Putin

Kremlin financial power struggle

Postby arnold » 07 Mar 2009, 06:00

Russia has been hit hard by the global crisis, with the stockmarket down almost 80% from its peak, and the rouble sliding fast. Russia's top 10 billionaires alone lost an estimated $150bn last year. Russia's financial crisis is beginning to destabilise the delicate Kremlin power balance, with a struggle between rival clans eroding Vladimir Putin's authority and aggravating his relationship with his protege, President Dmitry Medvedev. What would be the steps done to make things better?
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Kremlin financial power struggle

Postby Vishnu » 09 Mar 2009, 14:42

Actually to make things better the economic situation should increase and I see no early signs for that kind of a situation in the cards.
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