Economics
Why Putin Is in Trouble With 86% Approval
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One month he wins the Olympics and kudos from world leaders. The next he grabs Crimea and gets kicked out of their most exclusive club. Now he’s facing a recession with few tools to fight it save the public’s love.
Even Vladimir Putin, in his 15th year in power, can’t convert an 86 percent approval rating into economic growth when global banks stop lending and money flows mostly one way: out.