It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
It involves spending 828 billion rubles (9.3 billion euros) to support – among others – the car industry, railways, construction and agriculture. But 134 billion rubles (1.5 billion euros) of that is not yet allocated from other budgets.
Russian anti-crisis plans have a poor track record, only 17 of the 60 programmes in last year’s were fully implemented according to Russia’s Audit Chamber.
originally posted by: Xcathdra
With an uptick in the number of protest, with the latest coming from the trucking industry, it makes one wonder how long putin can remain in power without having to put down a rebellion.
originally posted by: Nexttimemaybe
The amount of money they are talking about is small in the scheme of things, they will just borrow from China.
Once the sanctions are lifted and they will be soon, by Europe at least, investment will flood into Russia. People love to make money fast.
Yeah but it will be the big money men who bring down Putin. If the oligarchs feel their fortunes are excessively threatened by Putin's policies, then they will find a replacement for Putin.
Vladimir Putin isn’t just angering leaders from Berlin to Washington. He’s irking some of his richest friends, too, by snubbing their pleas to end the conflict in Ukraine and ostracizing all but a handful of hardliners.
The ruble’s plunge has heightened opposition to Putin’s backing of the rebellion in Ukraine among his wealthiest allies, prompting the president to shrink his inner circle from dozens of confidants to a small group of security officials united by their support for the separatists, two longtime associates said.
Putin is increasingly suspicious of men who owe their wealth to their ties to him and who are being hurt the most by U.S. and European sanctions, according to the people, who spoke on condition of anonymity to avoid reprisal. The 21 most affluent people in the country lost a total of $61 billion last year, a quarter of their combined fortune, according to the Bloomberg Billionaires Index.
originally posted by: tsurfer2000h
a reply to: MALBOSIA
With an approval rating like Putin's it makes me wonder how he will ever not be in power.
Only because he tries his best to keep the truth from the Russian people, or he wouldn't be so popular.