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Russia's GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US 'Hegemony' While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]
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