The Recession in Russia

The economic outlook for Russia appears bleak, and the road to recovery appears to be a long one. Rising unemployment, falling industrial production and the flight of foreign investment have put a dent in Russia's massive currency reserves. However, the Kremlin has reasserted its power over the country and is in prime position to overcome its short-term challenges.

Editor's Note: This is the eighth part in a series on the global recession and signs indicating how and when the economic recovery will — or will not — begin.