Daily Memo: Russia’s Economic Contraction, US-Iraq Talks

The Russian economy reportedly contracted by 8.5 percent in the second quarter of this year.

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Russia’s economic contraction. Russia’s economy felt the full effects of the coronavirus pandemic in the first half of 2020, according to a new report on the federal budget published by Russia’s Accounts Chamber. The report said that in the second quarter, the economy contracted by 8.5 percent year over year, real disposable incomes decreased by […]

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