Search This Blog

Tuesday, August 11, 2015

Russia slides deeper into recession, prospects are 'grim' - Aug. 11, 2015

It keeps getting worse for Russia.



The combination of Western sanctions and tumbling oil prices is pushing it deeper into recession. Russia's economy shrunk 4.6% in the second quarter, the biggest drop since the global financial crisis in 2009.



Russia slides deeper into recession, prospects are 'grim' - Aug. 11, 2015

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.