Russian Economy Is Worse Off than Original Most Pessimistic Forecasts, Analyst Says
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1 Articles
1 Articles
At a time when Vladimir Putin is showing at least partial willingness to negotiate an end to the war in Ukraine after several years, the Russian economy is far from ideal. Revenues from oil sales to Russia have fallen significantly, the budget deficit is the highest in more than three decades, and the performance of the Russian economy is dramatically lower than original estimates. Russia has largely switched to a military economy mode due to th…
·Bratislava Region, Slovakia
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