Russia's shock-and-awe raise of interest rates from 10.5 to 17% has put the legitimacy and viability of president Vladimir Putin under serious strain, with the real danger of a military coup as the worst case scenario, according to a leading Kremlinologist. The central bank's desperate attempt to shore up support for the ruble, which has plummeted 50% on the year against the dollar, is unlikely to work beyond the short term.

Topics:  vladimir putin   kremlinologist   russia   ruble   military coup   rates   interest   support   
BING NEWS:
  • Like the Soviet One That Preceded It, His System Is Always on the Brink of Collapse
    How Russia’s Election Will Validate Autocracy—and Permanent Conflict With the West ...
    04/25/2024 - 4:06 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News