The Russian Ministry of Economic Development has raised its 2024 forecast for the country’s growth, citing domestic consumer and investment demand. Gross domestic product will expand by 2.8% this year, Economy Minister Maksim Reshetnikov told a government meeting on Tuesday. This compares favorably with the previous forecast of 2.3% GDP for 2024.

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Moscow’s counter-sanctions ban the use of the Polish section of the Yamal-Europe pipeline Russian energy major Gazprom said on Thursday it will not be able to use the Polish section of the Yamal-Europe pipeline for gas transit to Europe due to Moscow’s retaliatory sanctions.