March 22, 2016
THE MIGHTY RUSSIAN WAR MACHINE:
Millions more Russians living in poverty as economic crisis bites (Agence France-Presse, 21 March 2016)
Russia's recession-hit economy has propelled the country's poverty rate to a nine-year high, state statistics showed, as the country struggles to cope with a crippling economic crisis.An average of 19.2 million Russians - or 13.4% of the population - were living last year on less than 9,452 roubles ($139) a month, the minimum subsistence level determined by the Russian government in the fourth quarter.This figure represents a 20% increase year-on-year, with an average 16.1 million people living below the poverty threshold in 2014.
Posted by Orrin Judd at March 22, 2016 1:52 PM