RUSSIA’S economy is in steep decline, and the financial strain on the Kremlin is beginning to spread to the country’s regions, cities and people. Many of Russia’s regions are already on the verge of default. As the pressure continues to build at the regional level, the country’s municipal governments and citizens will find themselves increasingly strapped for cash.

With little hope of economic recovery in the near future, the Kremlin is taking steps to quash any threat of regional defiance or mass protests against its leadership. As its attention shifts inward over the next few years, the Kremlin’s capacity to assert itself abroad will diminish.

Premium Subscription
Less than P 71 per month
(billed annually at P 850)
  • Unlimited ad-free access to website articles
  • Access to subscriber exclusive website contents
  • Access to the Digital Edition
    (up to 3 devices)
TRY FREE FOR 30 DAYS
Digital + Print
P 680 per month
(billed annually at P 8,160)
  • Ad-free online access
  • Access to the Digital Edition
  • Print copies**
***Delivery charges may apply to subscribers outside of Metro Manila