Russia officially in recession


Analysts had predicted for the second quarter much smaller decline, but the figures have shocked many.

Russia is officially in recession. Analysts had predicted a recovery of the economy, but economic indicators are worse than expected. The worst thing for Russia is not yet passed since the economy of this country in conflict with the West.

Dutch flowers in flames destroyed, they say, because it is infected.

"This is fresh flowers from the Netherlands, which has infected Californian thrips," said sanitary inspector Yekaterina slake.

Russia is currently testing the imported flowers from the Netherlands and the Netherlands suspected of being the holy Russia for investigation downed plane MH17 over Ukraine.

In response to Western sanctions against the annexation of the Crimea and the war in Ukraine, Russia has banned the import of most European food products. In recent days, destroying products seized on Russia's borders, Moscow appears journalist Al Jazeera, Rory Challands.

"Less spectacular, but more devastating is what is happening to the Russian economy. Official figures show a decline of 4.6 percent compared to the same period last year, which follows the decline in the first quarter of 2.2 percent. No doubt. Russia is in a recession, "he added.

The pressure of sanctions

Of course, this was expected. Analysts had predicted for the second quarter much smaller decline, but the figures have shocked many.

"In the second quarter decreased wages in the real sector, and the sale is in trouble, because the purchasing power is decreasing," says Freddie Vlasov of Russia Citibank.

The pressure of sanctions long year now coming to light. What is affected by the drop in oil prices. This brought the value of ruble against the dollar to its lowest level since February. The government has for months been saying that the worst is over, but the reality does not show it.