The Black Sea Fleet flagship Moskva sank on Thursday, with Moscow and Kiev providing different accounts of the incident The Russian Ministry of Defense has released a video showing the crew of the Black Sea Fleet flagship Moskva, which sank on Thursday following a fire on board.
Concerns about possible stagflation are at their highest since 2008, says the Bank of America A monthly survey by investment bank BoFA Securities has shown that optimism among fund managers over global economic growth has fallen to historic lows. The contraction comes amid concerns about possible stagflation, which is at its highest since August 2008.
Russia needs a new pension reform that would lower the pension age to 45, businessman Oleg Deripaska, founder of aluminum giant Rusal and, for a time in the late 2000s, Russia’s richest man, told the news outlet Expert. He believes the assets of state-owned companies could be used to fund the plan.