Inbound deals suggest Russia's business climate is improving. It helps that U.S. lawmakers are too busy to enact major new sanctions. But big spending plans aren’t taking off, and economic torpor will persist, says dasha_reuters BVPredicts
The World Bank expects Russia’s gross domestic product to expand by 1.2% in 2019, 1.6% in 2020 and 1.8% in 2021. In 2018, Russian GDP grew by 2.3%.
U.S. discount store operator TJX bought a 25% stake in Russian low-cost apparel retailer Familia for $225 million, the Russian company said in November.
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