The Traderszone Network

Published in TZ Latest News 15 October, 2015 by The TZ Newswire Staff

S&P cuts 2015 Russian GDP forecast to -3.6% vs -2.6% prev

Standard and Poors out with latest assessment on Russia
– now see more prolonged weakness in domestic demand
– revises 2016 GDP forecast to +0.3%, down from +1.9% prev
Russia with a big recovery job ahead still, but they’re not alone on that one