Name: 464898289 / News Footage / May 15, 2015
Uploaded: 2015-05-15
Channel: AFP
Description: Russia cuts key rate in bid to haul economy out of recession Russia's economy shrank 1.9 percent in the first quarter under pressure from low oil prices and Western sanctions, the state statistics agency said Friday, a smaller contraction than earlier expected. FILE IMAGES of the Russian economy

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464898289 / News Footage / May 15, 2015

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Description

Russia cuts key rate in bid to haul economy out of recession Russia's economy shrank 1.9 percent in the first quarter under pressure from low oil prices and Western sanctions, the state statistics agency said Friday, a smaller contraction than earlier expected. FILE IMAGES of the Russian economy