Russia’s economy is suffering from inflation, high borrowing costs and growing numbers of bankruptcies which many analysts blamed on the conflict with Ukraine.
Photo: Alexander NEMENOV / AFP/File
Source: AFP
Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western sanctions mount.
Since ordering an invasion in February 2022, Russian President Vladimir…
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