Can Russia's Financial System Survive?

Can Russia's Financial System Survive?

Is the Russian economy going to collapse? Do sanctions matter? These are the two questions most often asked today about the Russian economy said Sergey Aleksashenko, the former first deputy chairman of Russia's Central Bank and a former deputy finance minister. At the Center for the National Interest on Thursday, Aleksashenko explained what the fall in oil prices, the decline of the ruble, the rise in inflation and the impact of U.S. and Western sanctions have wrought in Russia.

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