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 …