
Russian economy strongest in Europe – Putin
The country hopes to become one of the top four global economic powerhouses, the president has said
Russia is already the biggest economy in Europe in PPP terms, and could join the top four globally, Russian President Vladimir Putin said on Thursday.
PPP is a metric popular with many economists that compares economic productivity and standards of living between countries by adjusting for the differences in the cost of goods and services.
While delivering an address to the Federal Assembly on Thursday, the president noted that in 2023 the Russian economy outpaced the G7 states in terms of growth.
“The pace and quality of growth allow us to say that in the near future we will take a step forward and become one of the four economic powers of the world,” Putin said.
For more stories on economy & finance visit RT’s business section
More Stories
Dear Abby: Falling for men who are bad with money
Dear Abby: I’ve been divorced for 13 years and have been dating “Paul” for the last five years. Paul is...
Celtics smash NBA 3-point record en route to blowout win over Suns
Before this season, no team in NBA history had made more 3-pointers than Stephen Curry, Klay Thompson and the 2022-23...
Wild loss costly on many levels as playoff position now in real danger
ELMONT, N.Y. – Losses can be costly for multiple reasons. For the Minnesota Wild, this one was costly for, roughly,...
Friday’s high school roundup/scores: Elsie Testa enjoys perfect day on mound for Abington
Elsie Testa (2-for-2, two RBI) fired her first career perfect game, striking out 14 of the 15 hitters she faced...
Punishment not part of the picture in Wild lineup choices
ELMONT, N.Y. – One of the costly turnovers — and there were several by both teams — in the Minnesota...
LA County reaches $4 billion agreement to settle sexual abuse claims at juvenile facilities
By MICHAEL R. BLOOD and AMY TAXIN, Associated Press LOS ANGELES (AP) — Los Angeles County has reached a $4...