The World

Russian economy headed for trouble

Russia’s economy is reeling from the effect of a sharp fall in the price of oil. The Kremlin is now reportedly worried about social unrest. Has Vladimir Putin’s star fallen? For more, we’re talking to Steven Eke, Russia analyst for our partner, the BBC.

Russia’s economy is reeling from the effect of a sharp fall in the price of oil. The ruble has lost more than a third of its value since August, inflation is about 13 percent a year and the 2009 budget is expected to slip into deficit for the first time in about a decade. The Kremlin is now reportedly worried about social unrest. Has Vladimir Putin’s star fallen? For more, we’re talking to Steven Eke, Russia analyst for our partner, the BBC.