TAGGED UNDER: Economy & Finance, International Affairs & Security
Sir Roderic Lyne: the crunch is coming for Putin
We had a very interesting conversation with Sir Roderic Lyne, former UK Ambassador to Russia (2000-2004), on what the future holds for Putin and Russia.
In his view, low gas prices and the likelihood of world over-supply of oil (due to large new discoveries of shale and offshore gas, particularly in the US and Canada) are a real threat to Russia’s prospects and Putin’s hold on power. As he says, “the crunch probably won’t be next year, but it’s on the way”.
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Roderic Lyne
International Affairs Expert - UK Ambassador to Russia (2000-2004)