Russian economy shrinks for first time in 5 years – USA TODAY
Reuters |
Russian economy shrinks for first time in 5 years
USA TODAY MOSCOW — The Russian currency extended its losses Monday after a report showed the economy has started shrinking in annual terms for the first time since 2009 as the country is buffeted by falling oil prices and Western sanctions. The ruble fell as … Russian economy suffers first contraction since global crisis Russian Economy Slumps as Ruble Tumbles Russian Economy Shrank in November for First Time Since 2009 |
