Ruble's Plunge Signals Trouble for Russian Economy

When you’re a Russian retiree living on a limited income, it’s bad enough trying to contend with skyrocketing prices for staples like eggs, potatoes, or butter. Now add to the list of worries: a swooning ruble hitting lows not seen in years. “I see these prices, my eyes get wide,” said one retired history teacher who lives in St. Petersburg and tries to get by on a 19,100-ruble ($187) monthly pension. “What's going on? Prices are rising for absolutely everything.” “Polite words fail me, of course”…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com