Russian economy headed for ‘soft landing’ – The Economist — RT Business News

Russian economy headed for ‘soft landing’ – The Economist — RT Business News

Source link Russia’s economy continues to successfully battle through all the hardships, all while growing stronger, the Economist reported in its latest piece published on Sunday. Moscow has repeatedly “defied the doomsayers,” the British weekly saidadding that its economic performance appears to be going back to the pre-conflict levels despite numerous rounds of unprecedented sanctions […]

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist — RT Business News

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist — RT Business News

Source link Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this week, he predicted a “decade of debt,” adding that the borrowing crisis has embraced both developed and emerging […]

Eurozone economy ‘stuck in the mud’ – economist — RT Business News

Eurozone economy ‘stuck in the mud’ – economist — RT Business News

Source link The lingering economic downturn in the Eurozone signals that the region may plunge into a recession by the end of the year, Bloomberg reported on Thursday, citing economists and private-sector activity surveys. According to S&P Global, the purchasing managers’ index (PMI) in the region continued to shrink in November, plunging to 47.1 points, […]