Russia’s economy is facing historic slowdown
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#VantageThisWeek: Russia's economy expanded by 3.6% in 2023 despite heavy sanctions from Western nations. According to the International Monetary Fund's assessment, Moscow's GDP will further rise by 2.6%. These estimates were not far from what Russia's President Vladimir Putin had predicted in December 2023. Russia has now surpassed G7 nations to prevail economically. How did Moscow sustain its economic growth amid an onslaught of Western sanctions? Can it maintain this growth momentum in the lo
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Russian economy shrank 2.1% in 2022, much less than expected
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