The Fund says the immediate effect of sanctions had been to remove between one and 1.5 percent off Russia’s GDP – the value of all its goods and services. It also predicted “weak” economic growth of around 1.5 percent a year over the next few years.
After a year of increases, stock prices in China had a correction, a sudden drop in price. The Chinese government has put in place a number of measures to support prices including lending money for stock purchases. But some question how much the stock market will affect the economy.
When international students want to apply for schools or jobs, they must pass a standardized test of English as a Foreign Language. Learn about the differences and similarities between the tests. Hear from an international student who has taken them.