Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: CNN’s Erin McLaughlin meets a single mother of three in Moscow who is struggling to make ends meets as the Russian economy has deteriorated.

Source: CNNMoney.com – video report

Date: Jan 02, 2015

Link: http://money.cnn.com/video/news/2015/01/02/russia-ruble-plummets.cnnmoney/

Questions for Discussions:

  • How have rising interest rates affected the Russian economy?
  • Why would the banks offer loans in U.S. dollars for mortgages?

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