Russia has emerged from sanctions crisis

Now is the time for rapid economic development, the presidential spokesman has said Russia has finally overcome the economic downturn caused by Western sanctions and can now take steps to rapidly develop its economy, Kremlin spokesman Dmitry Peskov said on Thursday. Speaking at a youth forum in the Moscow region, Peskov noted that that according to all forecasts, Russia should have "fallen into an abyss both economically and socially" after the sanctions were imposed. But that failed to happen, he said. "We have emerged from the crisis, and our prospects for rapid development are good by today's standards. This is

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