Bank of Russia governor dismisses talk of recession

📰 Source: RT

Cooling growth should not be confused with a contraction, Elvira Nabiullina has said Russia is not in recession, central bank governor Elvira Nabiullina said on Thursday, adding that a slowdown in growth should not be mistaken for an outright contraction. Since the Ukraine conflict escalated in 2022, Russia has operated under sweeping Western sanctions. The […]