Russia's War Economy Faces Imminent Recession ...Middle East

OILPRICE - Economy
Russias War Economy Faces Imminent Recession
source : OILPRICE ( Middle East ) () 48
At Russia’s annual marquee event for business investment, a Kremlin-funded bubbly celebration of promise and opportunity, the country’s top economic minister poured cold war on the party. “According to the numbers, yes, we’ve got a cooling down now,” Maksim Reshetnikov said at the St. Petersburg International Economic Forum. “Based on current business sentiment, it seems to me we are on the brink of transitioning into recession.” If that wasn’t enough of a damper, the head of the Russian Central Bank…

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