With oil prices collapsing below 10-year lows, Russian President Vladimir Putin said one of the greatest threats to his country was an economic one. During his final address to Cabinet ministers last year, Putin said the financial situation was “a frankly complicated situation.” Lower crude oil prices are creating fiscal problems for economies like Russia that depend heavily on energy exports for revenue. Markets are already flush with oil and gas amid slow global economic recovery and, for Russia, access to certain economic districts is limited further by sanctions imposed by Western powers wary of its influence in crises in Ukraine. In an interview with German newspaper Bild, the Russian president said […]