Russia to Lower Forecast of Economic Growth
Pedestrians walk in fog past St. Basil’s cathedral, left, and the Kremlin palace, on Red Square in Moscow, Russia (Photographer: Andrey Rudakov/Bloomberg)  

Russia to Lower Forecast of Economic Growth

(Bloomberg) -- Russia’s government will lower its forecast for economic growth next year as a plan to raise value-added tax keeps monetary policy tight and curtails expansion, according to an offic...
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