Sanctions on Russia to bite investment

The World Bank has estimated that $150bn in investment funds could leave Russia's economy this year.

    Economic forecasts of Russia's economy are bleak as the regional uncertainty and sanctions take a toll. 

    $70bn of investment funds have left Russia since the start of the year, and there's fear that figure could almost double as Western sanctions start to bite.
     
    Forecasters are warning the economy could shrink by up to 1.8 percent this year.
     
    Al Jazeera's Peter Sharp reports from Moscow.

    SOURCE: Al Jazeera


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