Risks of trade wars growing, Bank of Russia says

Business & Economy December 20, 18:05

Risks of intensified geopolitical pressure on Russia are in the same group of risks, Elvira Nabiullina added

MOSCOW, December 20. /TASS/. Risks of trade wars have become slightly higher in the world economy at present, Governor of the Bank of Russia Elvira Nabiullina said at the press conference after the regulator’s Board meeting.

"Risks of trade wars and a major cooldown of the global economy have somewhat increased," she noted.

Risks of intensified geopolitical pressure on Russia are in the same group of risks, Nabiullina added.

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