Sanctions imposed on Moscow over Ukraine and low oil prices will send the Russian economy into recession next year, a deputy economy minister said on Dec. 2, a dramatic change to an earlier forecast of 1.2 percent gross domestic product growth.
Reuters: Russia expects recession in 2015 as sanctions, oil prices bite
Russian President Vladimir Putin takes notes while listening an orator during a conference of the All-Russia Popular Front in Rostov-On-Don, about 960 kilometers (600 miles) south of Moscow, Russia, Friday, March 29, 2013.
