Skip to content
undefined
Photographer: Andrey Rudakov/Bloomberg
Photographer: Andrey Rudakov/Bloomberg

Dealmakers, Putin and $124,000 Mercedes SUVs in St. Petersburg

While the Russian economy has rebounded from the dark days of sub-$30 oil, there’s plenty of work to be done. 

President Vladimir Putin has set an ambitious goal for his newest term: a “decisive breakthrough” in living standards for its 142 million citizens and making the $1.28 trillion economy one of the world’s five largest by the middle of the decade. Trouble is, current forecasts show those goals are likely to remain elusive