The Traderszone Network

Published in TZ Latest News 20 August, 2014 by The TZ Newswire Staff

Surge in Putin patriotism masks pain of sanctions

Russians are backing Vladimir Putin as he confronts the U.S. Putin’s popularity is soaring, along with consumer confidence and a gauge for “social comfort.” Another set of data reveals an abrupt change in a country that reveled in consumerism after the collapse of communism. While Putin’s ratings are still on the rise, analysts and researchers in Moscow say the deteriorating economic data highlight the risk of allowing politics to trump prosperity.

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