IMF says Russian economy already in recession, bleeding capital

[mota bhai 2,675]

Russia's economy is already in recession and is expected to lose at least $100 billion in investment this year, largely due to the "geopolitical uncertainties" created by its conflict with Ukraine, the International Monetary Fund mission chief in Moscow said Wednesday.

...

Antonio Spilimbergo, the IMF economist in charge of Russia, told reporters in Moscow that the darkening outlook for the Russian economy was due to "the difficult current situation and the significant level of uncertainty related to geopolitical tensions and sanctions."

...

The sanctions have had little direct effect on the economy in the few weeks they have been in place.

http://www.latimes.com/world/europe/la-fg-wn-russian-economy-recession-imf-20140430,0,3964367.story#axzz30T3EtWKX

[Harpa Timsah 13,258]

Obviously Putin will say that the IMF is owned by Nazis or something, and it's part of a big conspiracy, like he is saying that the Ukrainians are all Nazis now and must be stopped.

[mota bhai 2,675]

You might be a Nazi too. I bet that Israeli flag is just there as a means of misdirection.

[Harpa Timsah 13,258]

Putin, you are so sly!

Everyone is except for Russians.

Edited May 1, 2014 by Harpa Timsah

[JohnR! 5,495]

Obviously Putin will say that the IMF is owned by Nazis or something, and it's part of a big conspiracy, like he is saying that the Ukrainians are all Nazis now and must be stopped.

Putin is a joke... Only [some] of the Russian people and his acolytes on VJ can't see that...

[mota bhai 2,675]

Russians kicked Nazi a s s in WW2 so bad the Allies then came in and claimed victory.

[Harpa Timsah 13,258]

Putin is a joke... Only [some] of the Russian people and his acolytes on VJ can't see that...

VJ told me that Russian media is the only one you can trust.

[JohnR! 5,495]

VJ told me that Russian media is the only one you can trust.

I did not get that memo! I blame it on the USPS and, of course, on Obama!! I shall cancel my contributions to NPR at once!

[I AM NOT THAT GUY 5,715]

I did not get that memo! I blame it on the USPS and, of course, on Obama!! I shall cancel my contributions to NPR at once!

Pacifica Radio is a great source of commie information, without the Obama worship you find on MS-NBC and NPR. I love listening to the extreme far left trash the moderately far left.

[JohnR! 5,495]

Pacifica Radio is a great source of commie information, without the Obama worship you find on MS-NBC and NPR. I love listening to the extreme far left trash the moderately far left.

If they are out of Berkeley chances are one of my kids is a supporter.

I am a particular fan of the Obama worship they dispense on Fox News. Gotta love 'em commies...

Edited May 1, 2014 by Gegel