Is Putin Leading Russia Into A Great Depression?

How Corrupt Is Russia? http://bit.ly/1MNplmy
Subscribe! http://bitly.com/1iLOHml

After annexing Crimea, Russia has been facing crippling economic sanctions. So is Putin leading Russia into a Great Depression?

Learn More:

Russia to Get Banknote Dedicated to Crimea
http://www.themoscowtimes.com/business/article/russia-to-get-banknote-dedicated-to-crimea/548938.html
“A 100 ruble banknote commemorating Moscow’s annexation of Crimea from Ukraine in 2014 will appear in Russia next month, the TASS news agency reported Thursday, citing a Central Bank official.”

Russia says crisis-hit economy slumped 4.3% in third quarter
http://news.yahoo.com/russia-says-recession-hit-economy-shrank-4-3-113705446.html
“Russia’s economy shrank 4.3 percent in the third quarter this year, the government said Monday, as a recession caused by low oil prices and Western sanctions over Ukraine continued to take its toll.”

U.S. Sanctions Have Crushed Equity Of Russian Oil Companies
http://www.forbes.com/sites/kenrapoza/2015/03/04/u-s-sanctions-have-crushed-equity-of-russian-oil-companies/
“Sanctions have definitely hurt Russian oil companies and their investors, some much worse than others.
Since Washington imposed sectoral sanctions in July and September, the market cap of Russia’s most powerful oil and gas companies has steadily eroded.”

Music Track Courtesy of APM Music: “Elevation”

Subscribe to TestTube News!
http://bitly.com/1iLOHml

_________________________

TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubenews

TestTube now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at TestTube. For more info and to sign-up, click here. http://testtube.com/fwd

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Special thanks to Julia Wilde for hosting TestTube!
Check Julia on Twitter: https://twitter.com/Julia_SCI

Comments

comments