Russian economy in unstable equilibrium

MOSCOW: Russia’s economy is in a state of “unstable equilibrium”, Russian economic analysts said in a report, with the growth stimuli that prevented a serious slump last year petering out and new drivers struggling to gain traction. Russia’s economy proved unexpectedly resilient when faced with tough Western sanctions last year, helped by rising military production and huge state spending, but a return to pre-conflict levels … Continue reading Russian economy in unstable equilibrium