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Russian Economy Slows

June 27th, 2008 · No Comments · Russia Economy

The Russia economy slowed from 8.4 percent growth to 7.7 percent in May according to Reuters.

The concern and debate by the Russian government is that the Russian economy is possibly overheated will head into an abrupt slowdown

Nonetheless, the slower grow number is in line with the Russian government’s Economy Ministry which expects Russia GDP to grow 7.6 percent in 2008.

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