Russia's Economy Nears Recession
This is a Russia news story, published by PBS, that relates primarily to Maxim Reshetnikov news.
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World
Russia's on 'the brink of recession,' country's economy minister says

72% Informative
Russia 's economy is "on the brink of going into a recession," economy minister says.
Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum .
The economy, hit with a slew of sanctions after the Kremlin sent troops into Ukraine in February 2022 , has so far outperformed predictions.
High defense spending has propelled growth and kept unemployment low despite fueling inflation.
VR Score
67
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