Kaliningrad needs more products from mainland Russia than Western sanctions allow EU sanctions, regulating the quantity of goods that can be delivered from mainland Russia to Kaliningrad, are preventing the exclave from receiving all the items it needs, the local governor said on Tuesday.
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The International Monetary Fund (IMF) has significantly increased its growth forecast for the Russian economy in 2024, in its latest World Economic Outlook published on Tuesday. The Washington-based institution has once again upgraded its estimate, and now expects Russia’s GDP to grow 3.2% this year, a sharp increase from its January projection of 2.6% and more…
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