Putin’s Fascinating Bet
Mar 3rd, 2009 | By Dave Gonigam | Category: Financial NewsRussia is reeling. GDP is down nearly 9% year-over-year. The ruble has lost a third of its value since September. Unemployment is rising so quickly, protests and riots are breaking out. And yet, Prime Minister Vladimir Putin assures his supporters that “no catastrophe” is in view in 2009.