WashPostRussia has come a long way since its 1998 default on $40 billion of Soviet-era debt, burying its image of a handout-hungry giant and positioning itself as one of the world's energy superpowers.
But with oil revenues gushing in and its state-controlled oil and natural-gas companies in the ascendancy, the Kremlin's oft-stated goal of diversifying the economy away from its reliance on hydrocarbons and turning Russia into a high-tech hub seems far in the future.
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