Ukraine PM Accuses Russia of Wanting WWIII; Kiev Forces Block Rebel Town; Russia Issues Downbeat Economic Statement
MishTalk
APRIL 26, 2014
On Friday, April 25th, Russia’s central bank raised its benchmark interest rate by 50 basis points to 7.5 For comparison, the economy grew by 3.4% per cent, giving higher inflation risks as a reason behind its decision. The Russian economy expanded 1.3 per cent in 2013, the slowest pace of growth since a 2009 recession.
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