Russia » Economics
Author`s name Dmitry Sudakov

Russian oligarchs start investing in high-tech industries for their own entertainment - Comments

Throughout the 1990s, the oligarchs stole assiduously from the Russian state, manipulating domestic politics and wringing every drop of cash from whatever assets they controlled. In the aftermath of the 1998 ruble collapse, the slow realization dawned that such a strategy constituted a sort of starvation diet, prompting the oligarchs to manage their assets differently

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