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Russian economy faces deep recession amid global pandemic and oil crisis:
Updated : 5 years, 11 months ago IST
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
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Covid-19 pandemic tanks Russian economy, plunges families into crisis
Updated : 5 years, 11 months ago IST
Moscow [Russia], July 4 (ANI): As countries across the globe has been facing the worst collective economic downturn since the Great Depression, Russia seems to be particularly hard hit by the twin blows of the coronavirus pandemic as well as the collapse in oil prices.
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US -China trade war poses threat to Russia: Maxim Akimov
Updated : 7 years ago IST
Moscow [Russia], May 25 (ANI): The US and China trade war entail risks for the Russian economy "as it will affect the global economy" said Deputy Prime Minister Maxim Akimov on Friday.
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EU prolongs economic sanctions on Russia by six months
Updated : 8 years, 9 months ago IST
Brussels [Belgium], June 28 (ANI) :The European Union has extended economic sanctions targeting specific sectors of the Russian economy by six months for destabilizing Ukraine.
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