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This is a

is CBS I on the world. I'm John Bachelor. Russia under sanctions. I welcome Michael Berenstam of the Hoover Institution, my guide,

the news from the International Monetary Fund.

It boosted its 2024 growth forecast for Russia.

Surging government spending is the

I'm F however slashed that's the word that Reuters uses slashed its outlook for Ukraine

whose economy and infrastructure been battered by two and a half years.

However, there's a caveat about Russian economy.

The IMF said it expects the Russian economy to expand by 3.6% in 24, but it also cut its prediction for next year's growth 2025 from 1.5 to 1.3. So Russia is up for the remainder of this year, but both Russia and Ukraine are down in 2025.

Michael, a very good evening to you.

Is this unexpected Russia declining next year?

Good evening to you. Good evening to you.

Good evening to you. The operative vote for this Russian situation is desceleration,

reduction of the rate of growth over time.

...