: :inin Kyiv (EET)

Former Kremlin insider expects 2-year economic downturn


MOSCOW (AP) — A close associate of Vladimir Putin, who recently lost his job as Russia’s railways chief in a reshuffle seen as a sign of increasing Kremlin infighting, says the nation’s economic downturn will last at least two more years amid ongoing Western sanctions.Speaking in his first interview with a Western media outlet since being relieved of his duties last month, Vladimir Yakunin accused the United States of introducing the sanctions in a bid to prevent Russia and Europe from forging closer economic ties.”In terms of global competitiveness, the collaboration between Europe and Russia will bring a new powerful …read more

Source: Business Insider

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