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The Independent UK
The Independent UK
National
Ap Correspondent

Russia’s economy minister warns that the country is on the brink of recession

Russia's economy is teetering on the edge of recession, the country's economy minister has warned, according to reports from Russian media.

Maxim Reshetnikov delivered the stark assessment on Thursday at the St. Petersburg International Economic Forum, an annual event typically used to showcase Russia's economic strength and attract foreign investment. He stated that the economy was "on the brink of going into a recession."

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