Saturday, May 30, 2015

The Russian Decline Is Accelerating: GDP Down 4.3% In 1q 2015

Russia’s statistics agency, Goskomstat, has yet to post its official first quarter figures. We can imagine that the statistics agency is under pressure to downplay negative results. As it now stands, Russia’s recession is more than twice as deep as Medvedev had promised a month earlier.


go to Forbes.com

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