: :inin Kyiv (EET)

Russia predicts recession in 2015 on sanctions, oil slump


The Russian economy ministry on Tuesday slashed its economic forecast for 2015, announcing a contraction of 0.8 percent due to the pressure of Western sanctions over the Ukraine crisis combined with falling oil prices.Russia scraps EU gas link in favor of Turkish deliveriesRussia accuses NATO of destabilizing northern Europe -InterfaxObama toughens line on Putin over Ukraine at G20 summitG-20 leaders chastise Russia as Ukraine overshadows talksRussia business hits companies suffering what ruble lostRussia, China add to $400 billion gas deal with accord …read more

Source: Thanh Nien News

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