Russia economy meltdown as Moscow faces ‘systemic banking crisis’ | World | News
Russia’s economy is under threat from a potential banking crisis, companies withholding dividend payouts and a significant downturn in growth. The Kremlin-linked Centre for Macroeconomic Analysis and Short-Term Forecasting (CMASF) raised concerns about issues in the banking sector, including an increased likelihood of a run on banks. In a report this week, the CMASF highlighted