Russia defies predictions of collapse – media
May 6th 2022 4:16pm EDT
Oil revenue contributed to “surprisingly resilient” economy, says the British weekly The Economist The Russian economy has largely shrugged off “unprecedented sanctions” from the West, The Economist noted, crediting the sharp rise in revenues from oil and gas exports. Russian consumer spending is up again, interest rates are going down, and the ruble is stronger […]
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