Russian Minister Warns of Recession Amid Economic Debate

During a session at Russia’s St. Petersburg International Economic Forum, President Vladimir Putin’s key economic officials engaged in a public debate about the state of the nation’s economy. Economy Minister Maxim Reshetnikov delivered a stark warning, stating that based on current business sentiment and leading indicators, Russia may be on the verge of a recession. His comments came during a heated exchange with other officials at the flagship forum.
— new from Bloomberg.com

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