Economy

Canada’s Retail Sales Surge in April: A Look Ahead to May’s Potential Decline

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Overview of Retail Sales in April In April, Canada experienced a significant uptick in retail sales, marking an increase of 3.5% compared to the previous month. This surge can be attributed to a combination of factors that contributed to heightened consumer spending. A notable driver of this growth was the increase in online shopping, which … Read more

Russia Must Not Let Economy Slip into Recession, Says Putin

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The Current State of the Russian Economy The Russian economy is currently navigating a complex landscape characterized by a mixture of challenges and opportunities. According to recent statistics, the country experienced a modest GDP growth rate of approximately 1.5% over the last year, suggesting an economy that is stabilizing but not robustly expanding. This growth … Read more