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Top News In Russian Economy Today - Breaking & Trending Today

Russian economy: Russian economy shrank by 1.2% in 2022, less than previously thought - stats service

Russia s GDP contraction in 2022 was revised to 1.2% from a previous 2.1% decline, as per Rosstat. Western sanctions following the Ukraine incursion impacted the economy. The 2021 GDP growth was adjusted to 5.9% from 5.6%. Recovery in 2023 is forecasted at 3.1%, though analysts anticipate a slowdown to 1.1% in 2024 due to high interest rates. Third-quarter 2023 GDP growth stood at 5.5% compared to a 3.5% shrinkage in the same period last year. ....

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Russia Now Europe's Largest Economy - Presidential Aide

Moscow s Federal State Statistics Service (Rosstat) confirmed a robust 5.5% GDP growth for the third quarter in December and upgraded its annual GDP growth estimate for January-September to 3%, up from the previous 2.9%. ....

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Russia's Economy Has a Surprising Problem: A Property Bubble

A debt-fueled surge in housing prices has exposed stark divisions among Russia’s leaders. ....

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Article: Sino-Russian alliance endangers the west

Article: Sino-Russian alliance endangers the west - This alliance is particularly concerning as it represents a unified front against the US-led world order established 80 years ago, a system that enabled the US to triumph in the Cold War and manage global systems for the past three decades. ....

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Russian central bank hikes key rate to 16% to tame inflation

Russia's central bank lifted its key interest rate by 100 basis points to 16% Friday, raising borrowing costs for the fifth consecutive meeting in. ....

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