Capital Outflow from Russia in 2015 Expected to Reach $113 Billion
A new report published by the World Bank predicts that capital outflow from Russia will ascend to $113 billion in 2015 and $82 billion in 2016. The report also lowered its forecast for the decline in Russian GDP in 2015 and 2016. The bank now believes that the Russian economy will retract by 3.8 percent…