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Real disposable incomes fell by 8% in year-on-year terms in April to June according to Rosstat. It also said that Russia's industrial output fell by 9.4% in June compared to a year ago. [29] On 22 July, the economy minister, Maxim Reshetnikov, was quoted as saying that Russia's GDP declined by 4.2% in the first half of 2020. He said that this ...
The government of Russia has initially responded to the COVID-19 pandemic in the country with preventive measures to curb the spread of the coronavirus disease 2019 in the country, which involved imposing quarantines, carrying raids on potential virus carriers, and using facial recognition to impose quarantine measures. [1]
The effect of sanctions on the Russian economy caused annual inflation in Russia to rise to 17.89%, its highest since 2002. [119] Weekly inflation hit a high of 0.99% in the week of April 8, bringing YTD inflation in Russia to 10.83%, compared to 2.72% in the same period of 2021.
The COVID-19 pandemic in Russia was a part of the pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 . The virus was confirmed to have spread to Russia on 31 January 2020, when two Chinese citizens in Tyumen ( Siberia ) and Chita ( Russian Far East ) tested positive for the virus, with both cases ...
In addition, Russia is losing about 155 infantry fighting vehicles a month, but its defense industry can make only 17 a month. The supply-and-demand economics of artillery shells and troops are ...
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%. [145] [146] In January 2016, Bloomberg rated Russia's economy as the 12th most innovative in the world, [147] up from 14th in January 2015 [148] and 18th in January 2014. [149]
The governments of Poland, France and Germany vowed Monday to make Europe a security and defense power with a greater ability to back Ukraine, amid concerns that former U.S. President Donald Trump ...
Business and economy Constitutional crisis in Somalia , Transport in Somalia The Somali Airlines Operators Association, representing at least 20 airlines, suspends all flights beginning on January 22, 2025, in protest against increased government-imposed fees after disputes with the Ministry of Aviation and the Somali Civil Aviation Authority .