Earlier today at the World Economic Forum in Davos, Switzerland, Russian Deputy Prime Minister Igor Shuvalov acknowledged that Russia is bracing for a rough year. “We will survive any hardship in the country—eat less food, use less electricity,” Shuvalov said. Russia, whose economy has been pummeled by falling global energy prices and Western sanctions in response to the ongoing conflict in eastern Ukraine, has seen a steep drop in the value of the ruble since last month. But Russia is not the only country affected by the ruble’s collapse. Russia under President Vladimir Putin has been one of the world’s […]