GeoBITs

Geostrategic Business Intelligence Trends, October 28, 2022

Russia & Europe

Economy

Russian President Putin is naturally presenting a more positive outlook on Russia’s economy that western analyses:

• At the Russian Valdai Discussion Club, Putin said that the decline in the Russian economy this year will be 2.8-2.9%.

• This number is lower than the World Bank’s forecast assessing that Russian GDP contraction will be 4.5…