Ukraine’s leading investment bank Dragon Capital has cut its GDP forecast for Ukraine in 2024 in half to 4% y/y in anticipation of another year of war, The New Voice of Ukraine reported on December.
Russian service providers recorded a modest expansion in business activity during November, according to the latest PMI survey from S&P Global, but the rate of growth slowed somewhat from October. .
The seasonally adjusted S&P Global Russia Manufacturing Purchasing Managers’ Index was unchanged at 53.8 in November, as the Russian economy continues to grow well above potential thanks to the.
Russia’s service sector continued to expand in October, with the seasonally adjusted S&P Global Russia Services PMI Business Activity Index expanding to 53.6, but slowed from 55.4 the previous.
US officials have imposed sanctions on companies violating the $60 per barrel price cap on Russia s seaborne crude exports for the first time on October 12.
Simultaneously, an international coalition.