All news

Russian economy growing despite sanctions — Bloomberg

Wages have soared "by double digits," the ruble has stabilized, and poverty and unemployment are "at record lows," the agency said

NEW YORK, March 15. /TASS/. Russia’s economy demonstrates growth despite unprecedented sanctions, Bloomberg reported.

Moscow may boast that "unprecedented international sanctions have failed to derail the Russian economy, which has instead expanded," the agency said.

Wages have soared "by double digits," the ruble has stabilized, and poverty and unemployment are "at record lows," Bloomberg added.