President Vladimir Putin rejects top bankers warning that Russia’s economy is stagnating

President Vladimir Putin has dismissed sentiments from Russia’s most prominent banker that the country’s economy is slipping into stagnation. He defended the central bank’s high interest rate policy, claiming it would control inflation amid rising costs. Herman Gref, chief executive of state-owned Sberbank PJSC, warned on Thursday that Russia’s economy had entered a “technical recession” […] source: https://www.cryptopolitan.com/putin-rejects-top-bankers-economic-warning/