|Obama's 'Sector Sanctions' Boost Russia GDP|
|by Tom McGregor||Tue, Jun 24, 2014, 08:57 PM|
President Barry Obama's so-called sector sanctions against Moscow have sparked a renewed surge of the Russian economy.
The Voice of Russia reports that, "Russian President Vladimir Putin expects that Russia’s GDP growth would be higher than it was expected in 2014. "Last year, Russia’s GDP grew by not very much - 1.3%. This is slightly less than the year before, but still there was some growth. I think this year we will reach more significant figures than we predicted in the beginning of this year," Putin said at a meeting with Russian and Austrian business leaders in Vienna on Tuesday, reports Interfax."
Putin is quoted as saying that, "In general, rather good dynamics is being observed in the economy at the present time."
Many Russians anxiously await more sector sanctions from Obama to boost GDP growth rates.
To read the entire article from the Voice of Russia, link here:
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