{"id":100100,"date":"2024-04-19T01:31:46","date_gmt":"2024-04-18T21:31:46","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=100100"},"modified":"2024-04-19T01:33:29","modified_gmt":"2024-04-18T21:33:29","slug":"imf-russian-economy-will-grow-faster-than-the-us","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/imf-russian-economy-will-grow-faster-than-the-us\/04\/19\/market-updates\/","title":{"rendered":"IMF: Russian economy will grow faster than the US"},"content":{"rendered":"\n<p>The International Monetary Fund expects that Russia&#8217;s economy will grow by 3.2% in 2024, outpacing all advanced economies, including the US. Despite the war, high investment and robust private consumption have driven Russia&#8217;s economy forward. The IMF expects this momentum to fade in 2025, with Russia growing at a rate of 1.8%. <br><br>The surge in growth is linked to the effects of high investment and robust private consumption, buoyed by wage growth in a tight labor market. However, the IMF expects these effects to taper off in 2025, with a growth rate of 1.8%. <br><br>This forecast is a wake-up call for Western countries that have hoped to throttle Russia&#8217;s economy with sanctions to make its war in Ukraine unsustainable. Russia&#8217;s resilience against Western sanctions is largely due to its boundless alliance with China, which saw trade volume between the two countries surge to a record $240 billion last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund expects that Russia&#8217;s economy will grow by 3.2% in 2024, outpacing all advanced economies, including the US. Despite the war, high investment and robust private consumption have driven Russia&#8217;s economy forward. The IMF expects this momentum to fade in 2025, with Russia growing at a rate of 1.8%. The surge in &hellip;<\/p>\n","protected":false},"author":13,"featured_media":60928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7903,6946,8275,6858],"class_list":["post-100100","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-economic-growth","tag-imf","tag-russian-economy","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=100100"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100100\/revisions"}],"predecessor-version":[{"id":100108,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100100\/revisions\/100108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/60928"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=100100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=100100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=100100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}