Russia economy meltdown as Putin's minister admits country's deficit has soared to £29bn
While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ...
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Russian Sberbank Starts Mass Lay-Offs Following Gazprom
Deputy Chairman of the Management Board Elena Ilyukhina explained the need for such a step by the “challenges” Gazprom was facing, and the fact that the monopoly needs to “optimize costs at all levels ...