How low can it go? Oil prices plunged to a 12-year low over Russia's New Year's and Orthodox Christmas holiday season.
And as the country returns to work this week, a plunging ruble and sinking economy are front and center.
On this week's Power Vertical Briefing, we look at Russia's sagging economy and what it portends. Joining me is Senior RFE/RL Editor Steve Gutterman.
NOTE: The Power Vertical Briefing is a short look ahead to the stories expected to make news in Russia in the coming week. It is hosted by Brian Whitmore, author of the Power Vertical blog, and appears every Monday.