November 28th, 2014
Episode 89 of 645 episodes
In the Balance addresses the challenges currently menacing what has been, in recent years, one of the world's more robust emerging economies - Russia. The conflict in Ukraine, the resulting western sanctions on Russia, and separately the rapid drop in the international oil price have all conspired to drive inflation up. Combined with a sharp decline in the value of the rouble - are Russians getting nervous? Does this all add up to the worst crisis yet to face Vladimir Putin? Ed Butler discusses the issues with Liam Halligan, economics columnist with the Telegraph and Editor at large for Business New Europe, Orysia Lutsevych - Research Fellow in the Russia and Eurasia Programme at the thinktank Chatham House and Maria Lipman - Visiting Fellow at the European Council for Foreign Relations.