Recession is expected in Russia in 2015, followed by a mild recovery in 2016, IMF says Last month, the IMF predicted that the economy of Russia would contract by 3.8 percent this year and by 1.1 percent in 2016. This Thursday, the International Monetary Fund announced a less pessimistic forecast for Russia's economy, predicting no more than 3.4 percent contraction in 2015 and emergence from recession in 2016. 98 877 584 Previously in trend: Economic disaster
Recession risk rises: Global investment banks downgrade US economic outlook amid Trump tariffs The world's largest investment banks and think tanks have sharply increased their estimates of the likelihood of a recession in the United States due to actions taken by the administration of Donald Trump. 75 0