The issue of deadly racism in the USA has been brought to the attention of …
Read More »Russia Needs to Bolster Banks, Target Fiscal Stimulus says IMF
Russia has been hit hard by dual shocks—a collapse in oil prices and a sudden reversal of capital flows. Even though Russia’s far-sighted policy of saving most oil revenues allowed for a large fiscal stimulus, the IMF in its annual Article IV assessment of the country’s economy projects real GDP …
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