Russia GDP Growth Too Low for Defense, Social Spend: Business Head | NYGazet

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social spending, and investment.

Russia's economy has slowed to a pace that could jeopardize its ability to cover surging defense, security, and social costs, warned a top business leader. "It seems to me that indeed, this cooling or 'managed soft landing' is not very soft and not v... [2309 chars]