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I don't quite get it, massive currency devaluation is a death blow to a country reliant on imports or with a high debt since they have to pay for...

Russia defaulted on its sovereign debt in 1998. If the sanctions are bad enough for the central bank, it might lead to default again, only this...

Well its defiantly going to be bad in the short term. However that leaked Russian propaganda article made it clear they are moving towards a...

The 90s was a clusterfuck on a lot of levels for Russia. For starters, the Soviet Union collapsed in no small part because a very significant...

Russia in the 1990's was put through what the Americans called "Shock Therapy". American and Western economists advised the Yeltsin government to...

The Swift cutting them off puts it in pretty uncharted terrority. I think the norks are, but i can't think of any other country that is. Russia...