Russia's economy has entered a recession as gross domestic output fell by 4% in the third quarter, according to first estimates published Wednesday by the national statistics agency, Rosstat. The drop in GDP follows a similar 4% contraction in the second quarter, as Western sanctions pummel Russia's economy following Moscow's offensive in Ukraine. The 4% drop in economic output between July and September was less than the 4.5% contraction analysts had expected.
Since Europes economy grew in Q3 we can not fall into recession the next quarter. At least if you stick to the “two consecutive quarters of decline” definition: https://www.reuters.com/markets/europe/euro-zone-q3-gdp-confirmed-02-qq-employment-up-well-2022-11-15/
Oh, cool. For some reason that’s news to me. Been reading too much tankie bullshit, perhaps. Propaganda works!