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Russia Monthly Economic Developments (الروسية)

Globally, the number of confirmed COVID-19 cases now exceeds 20 million, with more than 750,000 deaths. Despite the continuing spread of the virus, recent data suggest that global activity is slowly firming from its low base. The composite PMI returned to expansion in July, rising to 50.8, above its trough of 26.2 in April. Crude oil prices also continued to increase, rising by 7 percent in July and 30 percent in June. The recovery in the ...
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