Can Russia's economy afford Putin for much longer?
By Anders Aslund
Commentary by
Saturday, September 20, 2008
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Today, the whole world is being hit by a tremendous financial crisis, but Russia is facing a perfect storm. The Russian stock market is in free fall, plummeting by 60 percent since May 19, a loss of $900 billion. And the plunge is accelerating. As a result, Russia's economic growth is likely to fall sharply and suddenly.
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