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Tonight, a very troubling development overseas. The economic downturn that has hit Russia. Until recently as you may know, they’ve been enjoying almost unprecedented미증유의 boom times. That is until now, and the concern now is a political shift정치변혁 and the shock waves충격파 that could easily hit the US. More from NBC’s Jim Maceda just outside Moscow.
It’s called Elektrostal or Electric Steel about 50 miles from Moscow named for its heavy machine factor. Since the ‘30s, the town’s been a symbol of steady work and good life. But today, much of the plant is idle사용되지 않고있는. Hundreds have been laid off like Uri Maslav who’s never seen it so bad. No one knows what’s going to happen, he says, everything’s just shutting down. The pain felt in hundreds of one-company towns like Electric Steel is spreading across Russia.
The economy booming when the price of key exports like oil and natural gas was high, contracted by almost 9% just last month. Since the fall, stocks have dropped by 80%. The Ruble off 25%, and unemployment up by the same. “There was roughly a trillion dollars of value destroyed in the Russian equity markets주식시장, and it’s been a tremendous disappointment.” And increasingly, it’s middle-class Russians who are taking the pain to the streets. It started as a small protest by car dealers in Russia’s Far East after the Kremlin raised duties on foreign cars. But last month, flash돌발적인 protest by opposition groups swept through Moscow, moving by subway, scuffling난투하다 with riot police.
For many, the chance of Russia without Putin was shocking. During eight years of now Prime Minister Bladimir Putin’s presidency, Russians like Dmistry Somarin, a Moscow car dealer, willingly gave Putin a free hand to rule in exchange for prosperity, sacrificing희생하다 personal freedoms to be part of a new resurgent소생하는 Russia. “People are getting less and less happier. That’s a very, I think, very bad signal for the government.” Now Somarin sitting on $ 4 million of foreign cars he can’t sell and blames the crisis on the man who once voted for Putin.
Meanwhile, the Kremlin, say some Russia analysts, just trying to buy time, pumping billions of dollars into bankrupt factories while cracking down on anti-Kremlin protests, hoping that somehow this global crisis solves itself. So do the people of Electric Steel, but they worry about more unrest불안. Here, they know their Russian history and living in the shadow of Bladmir Lenin, don’t want another revolution. Jim Maceda, ABC News, Electric Steel, Russia.
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