2015 brought challenges for the Russian economy

Global Business

2015 hasn’t been easy for Russia’s economy. It shrank four percent in November compared to last year.

Charles Ortel, managing director at Newport Value Partners spoke with CCTV America’s Michelle Makori about the implications.

2015 brought challenges for the Russian economy

2015 hasn’t been easy for Russia’s economy. It shrank four percent in November compared to last year. Charles Ortel, managing director at Newport Value Partners spoke with CCTV America’s Michelle Makori about the implications.

The ruble continues to fall along with oil prices. And then there are the sanctions over Ukraine.

But while it is Russia’s worst recession in 20 years, some businesses are managing to adapt.

CCTV America