Economy in free fall
as Russian leader’s
President Vladimir Putin is trashed by global money managers as Russians applaud.
As the Russian economy was slammed on global financial markets, the man at the center of the storm had a big smile on his face.
The Moscow Times reported Tuesday that Russians had just named President Vladimir Putin the ‘politician of the year’ for the 15th consecutive time.
As investors ran for the exits and the currency collapsed, a whiff of panic swept financial markets from east to west after the failure of a dramatic, midnight attempt by the Russian central bank to stem the flood with a massive interest rate hike.
The irony is rich. As his political popularity at home reaches new heights, Putin is getting trashed by money managers everywhere.
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