With its fortunes tethered to volatile natural gas and oil prices, Russia has suffered record inflation and unemployment in the global financial crisis. In the second of her series of reports from Russia, Margaret Warner examines the country's economic picture.

Editor’s Note: The government reported Wednesday that consumer prices fell in March, indicating a weakened demand for goods and services. But while this price drop raises the specter of deflation, many economists contend that the real risk to…

Question: Why is deflation so bad? I have certainly benefited from the drop in gas prices, so I wonder what is wrong with things becoming cheaper in general? And wouldn’t that make up for previous inflation? Paul Solman: Another good…