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While soaring defense spending has fueled Russia's economy in recent years, it has also contributed to rising inflation, which Russian President Vladimir Putin said could hit 9.5% in 2025.
"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high inflation," TsMAKP said. Russia's economy is heading toward a fate worse ...
Russia's central bank says inflation is rising while the nation's economy cools. These are the key ingredients for stagflation, a scenario that's harder to combat than a recession.
Russia’s economy is facing a “moment of truth” as high inflation, an ailing private sector, and critical shortages are poised to constrain Vladimir Putin’s war on Ukraine, according to ...
By 2016, the Russian economy rebounded with 0.3% GDP growth and officially exited recession. The growth continued in 2017, with an increase of 1.5%. [146] [147] In January 2016, Bloomberg rated Russia's economy as the 12th most innovative in the world, [148] up from 14th in January 2015 [149] and 18th in January 2014. [150]
The nation of Russia has designed and used various flags throughout history. Listed in this article are flags — federal, administrative, military, etc. — used between the time of the Tsardom of Russia (1547–1721), Russian Empire (1721–1917) and today's Russian Federation (1991–present day).
The Russian Federation has several official national symbols including a historical document, a flag, an emblem, a national anthem. The current design of the national flag is the same as the Russian Empire and was officially adopted again after the dissolution of the Soviet Union .
Russia’s economy has shown some cracks owing to inflation and overexposure by military-adjacent industries. But in sum, it has remained resilient despite the war being dragged on for three years.