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Tag Archives: Russia GDP

Overnight Market News – August 11, 2009

11-Aug-09

Russia’s GDP Shrinks by Annualized 10.9% in Q02 2009, Steepest Contraction on Record UK Life Insurer, Friends Provident Plc Agrees to USD 3.1B Takeover by Resolution Ltd Bank of Japan Holds Key Interest Rate Steady at 0.1%, But Deflation Still a Concern as Weak Demand Persists India’s Tata Motors Secures Private Financing for Jaguar Land [...]

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Russia’s Economy Shrinks

12-Jun-09

Russia’s Economy shrank the most in 15 years in the first quarter of 2009 as the world’s largest energy supplier approaches its first recession in a decade. The Government’s recent efforts to stimulate the economy have failed with industrial production and consumption spending posting record declines. As a result, GDP shrank an annual 9.*%, a [...]

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