Half of Russians earn less than $550 monthly

To get by, many families are taking out risky and high-cost loans - but that is only making them worse off.

by

    It is a struggle to make ends meet for many in Russia.

    Average incomes have fallen for the past five years.

    And half the population - about 70 million people - earns less than $550 a month.

    To get by, many families are taking out risky and high-cost loans - but that is only making them worse off.

    Al Jazeera's Step Vaessen reports from Moscow.


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