Russian economic growth is expected to fall below 1 percent in part because of investment uncertainty and sanctions pressure, a minister said Tuesday. Deputy Economy Minister Alexei Vedev said he was revising the outlook for the economy next year, downgrading from an initial expectation of 1.2 percent growth. “We have revised this year’s gross domestic product forecast to a 0.6 percent growth against 0.5 percent growth in the previous forecast,” he said. “Also, we considerably reconsidered the GDP forecast for next year — the current version is based on the assumption of a 0.8 percent fall.” Kremlin officials have said Russian oil output might be curbed by market mechanisms resulting from the low price of crude oil, while Russian President Vladimir Putin said […]