- For abonnenter
Putin's new deal for Russia spells end to 15 years of wage gains
Even before crude prices began their descent in June, Russia was reeling from the impact of the sanctions imposed by the U.S. and its allies to punish Putin for his Ukraine policy and annexing the Crimea peninsula in March.
MOSCOW — Vladimir Putin's confrontation with the United States and Europe augurs a new deal for his 144 million subjects.
Instead of the rising living standards he's delivered the past 15 years in exchange for the public's acquiescence, the Russian president now holds out declining wages and more austere lifestyles as the price