Background: Russia’s economy relies on oil and gas: Its largest oil and gas companies are also its largest taxpayers, and revenues from energy exports replenish the federal budget. Any fluctuations in energy prices thus have a sizable impact on Russia’s economy and population. What Happened: Russia’s Accounts Chamber warned that Russia is in danger of […]
Brief: Russia’s Price Controls Come With a Price
Fluctuations in energy prices have a sizable impact on Russia’s economy and population.
