PUTTING The Fizz BACK The GREAT BEAR RE-BWAKENS...

摘要

It seems the worst is over for Russia's economy after a tailspin in oil prices and sanctions over Ukraine choked off access to credit and sparked the biggest currency crisis since 1998, according to Finance Minister Anton Siluanov. 'The negative peak is behind us and instead we are seeing certain signs of stabilization," Siluanov said in Moscow Thursday at a conference organized by the Russian Union of Industrialists and Entrepreneurs, the nation's big-business lobby. 'The situation in the financial sector is also stabilizing. We see rising returns on debt markets, and the financial market is showing momentum toward growth." The world's biggest energy exporter is shaking off the effects of the lowest oil prices since 2009 and economic penalties levied over the crisis in Ukraine by the United States and Europe. The ruble has turned a corner after last year's 46 percent slump, notching the strongest performance among emerging markets in the past month.