: :inin Kyiv (EET)

Russia forecasts economic slump as bailed-out bank gets more funds


MOSCOW, (Reuters) – Slumping oil prices have put Russia’s economy on course for a sharp recession and double-digit inflation next year, government ministers said yesterday, as authorities scaled up a bailout for the first bank to succumb to this month’s rouble crisis. The economy is slowing sharply as Western sanctions over the Ukraine crisis deter […] …read more

Source: Stabroek News

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