Tough Economic Times In Russia - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title Tough Economic Times In Russia, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : Tough Economic Times In Russia
link : Tough Economic Times In Russia

Tough Economic Times In Russia

Russians have felt the pinch of rising prices and unemployment is on the rise despite authorities deciding not to impose another coronavirus lockdown 

AFP: Russia suffers economic woes despite shunning new lockdown 

As the second wave of the coronavirus pandemic pummeled Russia over recent months, the Kremlin stopped short of bringing back a nationwide lockdown in an effort to save the economy. 

Authorities in Moscow may have expected a rising virus toll as a result, but the move has not saved it from facing down an economic crisis it tried to avoid. 

"These aren't jokes. Unemployment is rising, wages are falling, basic goods are becoming more expensive by magnitudes," President Vladimir Putin said during a cabinet meeting last week. 

The magnitudes he was referring to are stark. 

Read more .... 

WNU Editor: This is about right .... Russian economy may shrink by 4.5% this year, Accounts Chamber chief says (TASS). So is this .... Russia’s economy ‘recovered’ quicker than most of industrialised world (Financial Times). 

Update: this is a good analysis .... Russia's Next Economic 'Shock' Likely To Come From Impoverished Regions, Experts Say (RFE).

Thus Article Tough Economic Times In Russia

That's an article Tough Economic Times In Russia This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Tough Economic Times In Russia with the link address https://todaysand.blogspot.com/2020/12/tough-economic-times-in-russia.html

Tweet

Subscribe to receive free email updates: