Global economy is emerging from recession
Read on the website Vestnik KavkazaMember of the Board, Deputy General Director of ROSNANO, Deputy Prime Minister of Russia in 1997-1998 Yakov Urinson comments on the current economic situation in Russia. According to the expert, the world economy is now slowly recovering from the crisis, and this means that the Russian Federation has the opportunity to improve its position in economic terms. Yakov Urinson believes that Russia's economy will slowly go out of stagnation, i.e. that growth is expected in all regions of Russia, including West Caucasus. He also predicted a rise in demand for Russian energy resources due to the overall recovery of the global economy.