Influential Iranian Merchants Go On Nationwide Strike
Influential Iranian Merchants Go On Nationwide Strike.
Influential Iranian Merchants Go On Nationwide Strike.
Image by LokiiT The Russian Federation may have slipped back into a technical recession at the end of 2017. According to analysis by JPMorgan Chase & Co., the Russian economy probably contracted in the last two quarters of last year, even though year to year data shows improvement. Russian Economic…
Image by Egor Gribanov Russians are happier this year than during the last few years of the recession, according to a poll by the Russian Public Opinion Research Center, reports Russian state news agency TASS. Although fears of cuts in medical care, schools, and other social services have left their…
Russia has exited recession, with a little help from the boys in uniform, a major statistical revision – and the global oil price. And not just any recession, but its longest in two decades. So what happened? To Read More Visit Bloomberg
There were some happy campers in Moscow recently when the price of crude oil pushed past $50 a barrel. The Kremlin seems to have successfully talked up the market by signaling it was ready for a production ceiling deal with OPEC. You could hear the collective sigh of relief from…