Putin’s self-destructing economy

... little more than a year after “Black Tuesday,” when the ruble lost a quarter of its value in a day, the state of the Russian economy is still uncertain. During the past 12 months, gross domestic product declined 3.9 percent, less than many analysts ... ... and Russia’s economic ministry now agree that the economy will not grow in 2016; the International Monetary Fund and the World Bank projected a 0.6 percent decline in December, while last week Russian authorities said they expected a 0.8 percent ...