GeoBITs
Geostrategic Business Intelligence Trends, November 18, 2022
Russia & Europe
Economy
The Russian economy has officially entered into a recession, as gross domestic output fell by 4% in the third quarter of 2022, according to initial figures released by the government’s statistics agency Rosstat.
The contraction follows an identical 4% decline in the second quarter but was not as steep as many analysts predicted.
The …