2016 will only bring more disappointment for many countries, including Russia, say economists surveyed by Bloomberg.
2016 will only bring more disappointment for many countries, including Russia, say economists surveyed by Bloomberg.
«Russia will stay in negative territory after contracting about 3,6 percent in the first nine months of last year, but will also turn the corner on what will likely be its longest recession in over two decades. Sanctions from the U.S. and European Union as well as low oil prices, which account for 40 percent of the government's budget revenues, took their toll», Bloomberg reports.
Experts named Growth Losers. These 5 economies will be the world’s worst performers this year: Venezuela, Brazil, Greece, Russia, Ecuador.
