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Tag Archives: Russia

Foreign Companies Approach Russia Cautiously

22-Aug-09

Despite being the world’s largest energy producer, foreign companies seem to have taken a cautious approach towards Russia. The oil-driven economy announced that its Foreign Direct Investment plummeted a record 45% to US$6.1B for the first half of 2009 (when compared to the same period last year). This adds to the already gloomy economic reports [...]