: :inin Kyiv (EET)

Russia Risks Recession After Economic Sanctions Over Ukraine Crisis


Russia could find itself in a recession if oil prices remain low and international sanctions continue to target its oil industry, according to economists and Russian ministers. Russia’s oil woes could cut 2-4 percent of its $2 trillion annual GDP, which would tip an already slow-growing Russian economy toward stagnation. …read more

Source: International Business Times

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