Covid-19 will 'damage Russia's finances and also its political elite'

  • 📰 trtworld
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Russia may pay a heavy price on both economic and political fronts if its slow response to the pandemic continues, according to experts

Vladimir Putin was preparing the country for a sweeping constitutional change, which aims to extend his rule until 2036 through an April referendum.

But even after it turned into a pandemic across the world and the first confirmed cases began emerging in Russia in late January, Moscow continued to be a laggard, as it prioritised economic concerns over public health, according to Yalinkilicli.

According to Yalinkilicli, Russia’s inadequate response has been reinforced by another trend, the major big drops in oil price as Russia wages an oil war with Saudi Arabia and other OPEC countries, making the leadership more concerned about economic prospects than a proper pandemic response. Before the border shutdown, Russia had a trade surplus with China, an economic luxury many countries including the superpower US could not have with Beijing, the world’s second biggest economy. Research conducted by the All-Russian Public Opinion Research Center an overwhelming majority of Russians, up to 84 percent, were worried about an economic crisis. Another 70 percent of Russians fear that the worst is yet to come.

“The only optimistic data, with which they could hide their failure, is their low fatality rates hovering around 0.9,” Yalinkilicli says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Possibility of Putin disembarking from the throne of Peter the Great as a result of this pandemic, now exists.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WHO urges countries to investigate early COVID-19 casesThe WHO said on Tuesday that a report that COVID-19 had emerged in December in France, sooner than previously thought, was 'not surprising.'
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Essential farmworkers risk COVID-19 exposure to maintain food supplyCleotilde is a farmworker in Ventura County who wears a colorful bandana to protect her from the sun and pesticides, but since COVID-19 broke out, she also hopes it can protect her from the virus. While many Americans are working from home, farmworkers have continued laboring in fields. Lillian Argueta How wonderful that Americans have little regard for the people who sustain their lives. Perhaps there is something horribly wrong with the values in this country? Plenty of American workers would gladly take these jobs. Corporate farms need to be penalized for hiring illegals. And then liberals want to run with the narrative that we are heart less to send them back because they put food on our plates. No, not the case.
Source: YahooNews - 🏆 380. / 59 Read more »

NHL: Georges Laraque hospitalized with COVID-19: 'It's the worst thing ever'Former NHL enforcer Georges Laraque, who is in a Quebec hospital after contracting COVID-19, said his condition was steadily improving but that people needed to take the respiratory disease seriously. Sympathy for hospitalization, worst thing Ask the many who never walked out of the hospital...
Source: Reuters - 🏆 2. / 97 Read more »

'It's a nightmare': First denied testing, twice denied ER admittance, Iowa man dies of COVID-19“It’s hard not to wonder if he had been taken seriously earlier, if they had intervened sooner, could his lungs have responded better?' Pamela Dennen asked. 'Could he maybe have been spared? I mean, nobody will ever know that.' I'm hiring a few people in the area to keep Records of data entry / software. It’s a work from home . Must be willing to get HIPAA certified(it takes an $50/ hr online). Full and part time inbox 'info' for more details. My heart is breaking for you. So many unnecessary lives taken.
Source: USATODAY - 🏆 100. / 63 Read more »