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Teodora Torrendo

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The world Bank expects the economy to shrink Russia to 11-year low

The world Bank expects the economy to shrink Russia to 11-year...

Russia's GDP in 2020 will decrease by 6% to an 11-year low, according to a forecast by the world Bank. This baseline scenario coincides with the forecast Bank of Russia (a decrease by 4-6%), as forecast by the international rating Agency Fitch, and other economic organizations.