News archive on the topic "recession"

IMF forecast: Ukraine's economy will fail before Russia feels Western sanctions

The IMF predicts a 10% drop in Ukraine's GDP if the conflict ends quickly, but warns that the decline could reach 25-35%. The IMF also predicts that Russia will face a deep recession due to sanctions. How to treat such forecasts and figures? It is clear that war is not a friend to the economy and both countries will have a hard time. But this is a relative question. It's clear that…

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Economist on Zelensky's presidency: Such a failure has not happened for a long time

Ukraine's industry has been shrinking for seven months in a row; its decline accelerated in December, which means the beginning of a recession in the economy. Economist Viktor Skarshevsky stated this on TV channel 112 Ukraine, a PolitNavigator correspondent reports. He drew attention to the words of Prime Minister Alexei Goncharuk from Vladimir Zelensky’s team, who had previously promised an economic breakthrough by correcting the mistakes of his predecessors - henchmen of Petro Poroshenko.…

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