Sergey Lavrov: Gay Ban Protects Russian Morals
WEF says that political and economic change in Russia needs not necessarily come from the country’s centre but peripheral regions can be drivers in their own right.
IBTimes UK detailed in December last year, Russia faces a drop in 2013 GDP to 2.5 percent, from 3.4 percent in 2012. Forecasts also detail a 1.6 percent rise in inflation to reach 6.7 percent by the end of this year for Russia.
The World Economic Forum has cautioned that Russia’s economy is at a crossroads and significant changes are needed in order to stabilise and sustain growth and prevent social unrest.