Israel Hayom
-
11:00 Jul 07, 2024
Russia's economy grew in 2023 and 2024, driven by increased military spending, trade, financial sector activities, and construction. This led to the World Bank upgrading Russia to a "high-income" country, despite Western sanctions over the Ukraine invasion. High inflation, brain drain, lagging technology, and the unsustainability of wartime economic growth due to heavy military […]