Putin runs the Russian economy in the same heavy-handed way he navigates his yacht, researcher says

• Putin is handling Russia's economy the same way he handles his yacht: heavy-handed.
• That's according to a former Russia central bank advisor, who said the nation's economy is in a precarious position.
• Military spending is also set to exceed social spending for the first time ever in Russia's modern history, she added.

Russia's economy has held up so far, but Moscow is battling a host of problems as President Vladimir Putin wields a heavy hand.