Merry Christmas, Russia: Putin Caps Price Of Vodka
A lousy economy has dealt a blow to Russia's drink of choice —vodka — and Vladimir Putin is intervening.By Elizabeth Hagedorn | December 25, 2014
Russia’s dedicated drinkers, consider this a Christmas present from your president.
Vladimir Putin has ordered the government keep vodka prices cheap. This, as his country deals with its worst economic crisis since 1998 — the year Russia defaulted on its debt. (Video via The Kremlin)
In recent months, inflation has skyrocketed and the value of the ruble has dropped big time thanks to falling oil prices and Western sanctions. (Video via Ukraine Today)