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CNN Fareed Zakaria GPS August 16, 2015 14:28:00 - Vimarsana News

CNN Fareed Zakaria GPS August 16, 2015 14:28:00

And putin probably thinks it makes him look powerful. but in reality, russia and putin have some very serious problems. as nick butler pointed out recently in an excellent financial "times" piece, russia's economy is in big trouble because of its dependence on selling oil to survive. according to trading economics, between a fifth and a quarter of russia's gdp comes from the energy sector. and it accounts for 65% of its total exports. in other words, it's the major mover in the russian economy. meanwhile, oil prices have plummeted over 50% in little more than a year. russia's economy is foreca...