You are here

Russia reeling from triple whammy

BT_20141203_NBRUSSIA34U0D_1395189.jpg
An already struggling Russian populace is paying a punitive price for food and other imports.

London

RUSSIA has been slammed by a triple whammy of oil price collapse, sanctions and a run on the rouble.

It is hardly surprising that the Russian Economy Ministry forecasts recession next year, the first since 2009. To be sure, its estimate that gross domestic product (GDP) will

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom