Thursday, September 2, 2010
 
RIA Novosti
The MoscowTimes
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September 2, 2008
A False Alarm?
By Sergei Balashov
Russia Profile
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This tumultuous summer had it all—diplomatic tensions, a war, and yet another scandal between the government and a major corporation. All of this took a heavy toll on foreign investment in the country, as key economic indicators plummeted, making room for what seems like a full-scale financial demise of an otherwise steadily growing economy. But experts are confident that Russia can easily rebound, downplaying the investment cuts as a factor that won’t impact long-term growth, but will rather set the scene for another massive economic surge.

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