Russias Prospects for Next Year Are Grim: Lipman

The transcript discusses the uncertainty surrounding Putin's messages amid Russia's economic challenges, including a declining ruble and potential new sanctions from America. It explores the debate over capital controls and the Central Bank's controversial decision to raise interest rates to 17%, which impacts business activity. Despite economic turmoil, public loyalty to Putin remains high, with approval ratings over 80% since Crimea's annexation. However, loyalty to the ruble is waning, leading to capital flight and economic instability.

What is one of the main economic challenges Russia is facing according to the transcript?

• Stable economic growth

• Declining ruble

• Rising oil prices

• Increasing foreign investments

What has been Putin's approach towards capital controls so far?

• He has reduced interest rates

• He has implemented strict capital controls

• He has refrained from anti-liberal measures

• He has increased foreign investments

How is the Central Bank's move to increase interest rates viewed?

• As a way to decrease inflation

• As a sign of economic stability

• As a measure to boost business activity

• As a controversial move

What has been the trend in Putin's approval ratings since the annexation of Crimea?

• They have been below 50%

• They have significantly decreased

• They have remained over 80%

• They have fluctuated widely

Despite economic challenges, what is the general sentiment towards Putin among the Russian people?

• Indifference towards political leadership

• Increased support for opposition

• Loyalty to Putin remains high

• Widespread public dissent