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RUSSIA RECESSION NEWS
Trump officials tried to ban half of US voting machines, citing conspiracy theoriesA Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This ...
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
Russia is on the verge of recession, says Putin governmentRussia's economy is nearing recession, according to Economy Minister Maxim Reshetnikov. Despite recent interest rate cuts, businesses are s...
Despite U.S sanctions Russia is earning in Dollars; here's how they are doing itThe dollar and euro shipments come from close allies of Russia, including the United Arab Emirates and Turkey. These are the countries wher...
JPMorgan CEO Dimon warns of recession in six to nine monthsRunaway inflation, big interest rates hikes, the Russian invasion of Ukraine and the unknown effects of the Federal Reserve's quantitative ...
Recession clouds gather in Germany, Europe's largest economyThe index compiled by the Munich-based Ifo institute dropped to 84.3 in September from 88.5 in August, to its lowest level since the global...
IMF warns that global recession could soon be at hand“The world may soon be teetering on the edge of a global recession, only two years after the last one,” Pierre-Olivier Gourinchas, the IMF’...
Crashing food prices ease fears of starvation but not of a market crisisMany developing countries will face mass protests, arising not just out of rising global prices but balance of payments crises and bad dome...
Industrial commodity prices are dropping, not rising any more, due to recessionThe good news is that the worst inflation may be behind us. The bad news is that this is being caused by a recession.
Russia recovery from sanctions will take 'years': officialsPresident Vladimir Putin says Russia's economy has managed to weather the barrage of unprecedented sanctions imposed since he sent troops t...
Wall Street rallies on hopes Russia, Ukraine can resolve conflictAfter a dismal start to the year for stocks that saw the S&P 500 fall into a correction, commonly referred to as a drop of more than 10% fr...
Russia may face "deep recession": IMF chief Kristalina GeorgievaIMF's Managing Director Georgieva also said that a Russian sovereign default is no longer an "improbable event" because the economic sancti...
US, allies to revoke 'most favored nation' status for RussiaStripping Russia of its favored nation status paves the way for the United States and its allies to impose tariffs on a wide range of Russi...
- Russia is out of recession: Report
Russia is out of recession and its economy will grow by two percent in the fourth quarter owing to a rise in oil prices, Finance Minister A...
- Russia auto giant GAZ to slash 14,000 jobs: Report
GAZ group, Russia's second-largest carmaker, will slash 14,000 jobs by the end of the year, the social development ministry was quoted as s...
- Russia sees exit from recession from third quarter: Minister
Russia will start fully emerging from recession in the third quarter, Finance Minister Alexei Kudrin said on Tuesday, after an economic cri...
- Russia emerging from recession, official says
Russia is likely emerging from its deep recession, a top governmental official said Monday, noting an improvement in the latest economic ou...
- Russia has entered recession: deputy minister
Russia has entered recession, confirming fears that the global slowdown will exact a heavy toll on its economy. Countries in recession | Gh...
- Russia may work with OPEC on output cut: Report
Russia's energy minister said that the country may coordinate oil production cuts with OPEC to help stem the slide in crude oil prices.
- Russia looks at India, China amid global financial turmoil
A key strategic plan prepared by Prime Minister Vladimir Putin for Russia's foreign and economic ties in the next decade has identified Ind...