recession

In June, Russia's Minister for Economic Development, Maxim Reshetnikov, warned that the country's economy was teetering "on the brink of recession".

The party has decided to embark on a blitz of policy announcements, after a year in which they have endured a recession in attention amid the boom in interest in Reform.

Tech companies are cutting jobs in preparation for a possible recession, as well as anticipating efficiencies gained from artificial intelligence, said Rob Enderle, principal analyst at Oregon-based advisory services firm Enderle Group.

Behind Roberts' clear frustrations, however, is a sense of motivation and optimism for the future, despite his expectation that the country is heading towards an economic recession.

Economists are warning about a severe recession and “stagflation.”