Uncategorized

IMF: Default no longer an "unlikely event" for Russia.

0 min read

IMF Managing Director Kristalina Georgieva said that the IMF predicts a deep recession of the Russian economy. In addition, Georgieva highlighted that the IMF does not have any interactions with the Russian Government and its Moscow office is non-operational at the moment.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed

Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.

Show More