You're reading: Bloomberg: Putin has a pension problem

Russia’s annexation of Crimea in 2014 helped boost Vladimir Putin’s approval rating to stratospheric levels. Since then, he’s fueled an ongoing conflict in Ukraine, interfered with America’s elections and ordered strikes on behalf of the Assad regime in Syria. Through all of these foreign adventures, 87 percent of Russians continued to support him.

But those days may be coming to an end, and the reason is much closer to home.

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