Saturday, April 02, 2016

And Another One Bites The Dust

Russia's GDP down 3.7 per cent amid plummeting oil prices, sanctions

Moscow (dpa) - Russia's gross domestic product contracted by 3.7 per cent last year to 80.8 trillion roubles (about 1.2 trillion dollars), the Federal State Statistics Service said Friday. Russia's economy, which grew by 0.7 per cent in 2014, has been struggling in recent years after the price of oil - the country's main export -…