Not long ago the balance of global power was shifting toward Russia

Not long ago the balance of global power was shifting toward Russia. The economic crisis has put a stop to that.Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once--sharply declining export earnings from energy and metals, over-leveraged corporate balance sheets and a choru...