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Russian economy decline slows, but recovery elusive

Published Tue, Jul 28, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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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