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Russia enters recession nine months after the start of the offensive in Ukraine

Russia enters recession nine months after the start of the offensive in Ukraine

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Russia technically entered a recession almost nine months after the start of the military offensive in Ukraine, and its gross domestic product (GDP) contracted 4% in the third quarter, according to an initial assessment published on Wednesday. • Read also: The missile that fell in Poland was “Russian”, insists Zelensky • Read also: Russia: Fuel …

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Stock market: Wall Street weighed down by the Fed, the Dow Jones's biggest drop in 3 months

Stock market: Wall Street weighed down by the Fed, the Dow Jones’s biggest drop in 3 months

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(Photo: Getty Images) MARKET REVIEW. The New York Stock Exchange closed this Friday with sharp losses, prey to the promise of the president of the US central bank (Fed), Jerome Powell, to continue raising rates and to keep them at a lasting high level to calm inflation. To (re)consult market news Stock indices at closing …

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