You searched for "Global Economic Crisis" (2 results found)

Peskov Urged to Prepare for Global Economic Crisis

  • 6 Apr 10:35

Peskov Urged to Prepare for Global Economic Crisis The economic crisis, including the coronavirus pandemic, will continue to manifest itself in the future. To overcome it, coordination of anti-crisis measures on the part of many states will be needed, said a spokesman for the President of the Russian Federation Dmitry Peskov, as reported byTASS. “We are aware that the global economic crisis that triggered the coronavirus, among other things, will make itself known, and we need to prepare for this crisis. And, of course, coordination of actions and anti-crisis measures on the part of many states will be required,” said He is in an interview with the program “Moscow. Kremlin. Putin”. Read more...

New Global Economic Crisis Threatens Russia, Analysts Say

  • 1 Aug 11:28

New Global Economic Crisis Threatens Russia, Analysts Say Russia’s Analytical Credit Rating Agency (ACRA) has joined analysts around the world predicting a new global economic downturn which could hit Russia severely, Nezavisimaya Gazetawrites. The agency’s analysts are predicting that the new crisis will begin at the end of this year. According to them, the Chinese-American trade war will trigger a recession in the United States (-0.7% GDP) in 2020, while China will only face a slowdown in growth rates of 4-4.5%. The decline in the global trade growth rate will lead to a drop in demand in Russia’s traditional export goods, namely raw materials, ACRA said. Experts polled by Nezavisimaya. Read more...