World News@lemmy.worldEnglish · 8 days ago

Putin finally admits Russia's economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up | Fortune

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Putin finally admits Russia's economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up | Fortune

fortune.com

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World News@lemmy.worldEnglish · 8 days ago

Putin revealed that GDP shrank by combined 1.8% in January and February, adding that manufacturing, industrial production, and construction were negative.

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8 days ago
If they are admiting this publicly, the situation must be much, much worse.

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