Russia to Recession?
March 25, 2014 at 13:00 PM EDT
From Reuters: Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday. Capital has fled Russia, with stocks and the rouble sliding following Moscow’s seizure of Crimea from Ukraine […] View the full post at: Russia to Recession? Related posts: Russia Moving Further Away From the Dollar Is Russia Becoming a Bastion of Safety in a Turbulent World? Why Did the Euro Fall on Russia’s Credit Downgrade?