Russia’s GDP decline is less than expected and Putin accuses the U.S. of trying to maintain its economic hegemony

Russia’s Economy Ministry says the economy’s gross domestic product (GDP) is expected to fall by 4.2 percent this year and that inflation in Russia will not be as high as economists had predicted. At the same time, inflation in the European Union has exceeded 10%. Russian President Vladimir Putin blames the sluggish global economy and […]