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Russian economy decline slows, but recovery elusive
Published Tue, Jul 28, 2015 · 09:50 PM
Moscow
THE sharp decline in Russia's economy may have almost run its course, official data showed on Tuesday, slowed by a huge devaluation of the rouble and heavy government spending on anti-crisis measures.
Recovery prospects are cloudy, however, with many analysts warning of a sluggish rebound at best.
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