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Davos experts warn Russia about threat of hyperinflation

  • 20 Jan 12:04

Being an energy superpower and possessing the second largest nuclear arsenal in the world, Russia will continue playing an active role in geopolitics, says a report based on a survey of 750 members of theWorld Economic Forumand published a week before the official opening of the World Economic Forum in Davos, Switzerland on January 20. The report states: "After the annexation of Crimea no clear political solution to the current conflict in Eastern Ukraine can be seen on the horizon. The EU-U.S. sanctions in place against Russia combined with low oil prices have damaged the Russian economy, but still have not led to the expected political. Read more...