Retail spending is recovering more slowly than expected because jittery consumers worry about the economic outlook and possible job losses.
Earlier this week, Russian President Vladimir Putin claimed that the country's economy was performing "well" despite the fact it has been facing multiple Western and European Union-imposed sanctions.
Moscow: He crushed Chechnya's rebellion, pushed back Russia's frontiers and restored the pride of a nation humiliated by the demise of the Soviet Union.But 15 years after he came to power Vladimir Putin's faces his
New Delhi: The Russian central bank raised interest rates to 17 per cent in an attempt to prevent the rouble's collapse. However, the dramatic move has failed to halt the decline, leaving President Vladimir Putin
Vilnius: US President Barack Obama on Wednesday accused Russia of engaging in flat out aggression against Ukraine, stating that the Russian military presence in Crimea or any part of Ukraine amounts to 'an occupation and
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