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Russian economy to shrink 9.5% in Q2 in virus standstill: minister

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Russia's economy is forecast to shrink by 9.5 per cent in the second quarter of 2020 compared to the same period last year, while yearly gross domestic product (GDP) will fall by 5 per cent, economy minister Maksim Reshetnikov said on Thursday.

[MOSCOW] Russia's economy is forecast to shrink by 9.5 per cent in the second quarter of 2020 compared to the same period last year, while yearly gross domestic product (GDP) will fall by 5 per cent, economy minister Maksim Reshetnikov said on Thursday.

"The main factor of the GDP...

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