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Caucasus/Russia/Central Asia
Russia has entered into recession?
2008-12-16
Russia seems to have been able to withstand the global meltdown, but growth in 2009 is to be only 3 percent, suggesting indications of recession.
Posted by:Fred

#6  FREEREPUBLIC this Guam AM > REPORT: UNEXPECTED CRISIS COULD LEAD TO MASSIVE UNREST [POTUS Obama could and will be TESTED]???
Posted by: JosephMendiola   2008-12-16 22:06  

#5  Of course, Russian economy is in recession. But then they had a head start, courtesy of the Soviet Union. Caught between Putin's Back to the Future Movement and the Russian mobsters, the Russians are still only a few notches up the food chain from Zimbabwe.
Posted by: William Marcy Tweed   2008-12-16 11:48  

#4  3% is good for us, but you have to look at the trendline. That's piss-poor for them in the last 10 years. Gonna seem like a bad recession.
Posted by: bigjim-ky   2008-12-16 01:28  

#3  In 2009 the economy will be 3% above 2000 levels.
Posted by: DoDo   2008-12-16 01:09  

#2  OOOOPSIES, forgot WORLD MIL FORUM > BRITAIN: IT IS UNREALISTIC TO ARGUE THAT CHINA CAN SAVE THE WORLD FROM US CRISIS.

D *** NG IT, the Brits say saving the world is Britain's job, and don't youse all fergit it!
Posted by: JosephMendiola   2008-12-16 00:30  

#1  See also TOPIX > CHINA FACES LOOMING UNEMPLOYMENT EXPLOSION; + GUAM K57 RADIO > OVERSEAS FILIPINOS LOSE THEIR JOBS.
Posted by: JosephMendiola   2008-12-16 00:27  

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