Russia

The Ministry of Economic Development and Trade (Moscow) forecasts a slowdown in Russia’s GDP growth to 6.4% in 2008, from 7.3% in 2007. The ministry cites an anticipated decline in growth of energy exports and mounting problems with infrastructure. The European Bank for Reconstruction and Development (London) expects economic growth of 6.5% for Russia in 2008. The Russian chemical sector will perform better than the overall economy in 2008, according to forecasts by technical and economic research institute Niitekhim (Moscow). Output by Russia’s...

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