A former Ukrainian banking boss has warned of the booming black market in Vladimir Putin's country due to the slow economic growth.

As reported by The Moscow Times, the shadow economy totals just under 20 percent of Russia's 103.6 trillion ($1.85 trillion) legitimate GDP. The size of the shadow economy increased slightly from ...

TASS/. Russia is one of the world’s top five countries in terms of GDP on purchasing power parity despite sanctions and the pandemic, First Deputy Prime Minister Andrey Belousov said.