The Russian Economic Revolution That Never Was

Russia's economic strategy is in disarray. The government has already cut its federal budget for 2016 twice, and the Kremlin has still not made a final decision on this year's spending. After muddling through two years of economic hardship, government members, silovarchs and technocrats are squabbling over how to escape a prolonged crisis. On Wednesday, Russian President Vladimir Putin resurrected his Presidium of the Economic Council to come up with a plan for the next three years. ...