For the Record

IMF Cuts 2013 Russia Growth Forecast

The IMF on Tuesday cut its 2013 growth forecast for developing countries to 5 percent, including a lower forecast for China, Brazil, Russia, India and South Africa. (Reuters)

Korean Airline to Build Freight Terminal in Khabarovsk

South Korean airline Air Incheon plans to build a freight terminal in Khabarovsk, the Khabarovsk government said in a press release, citing the airline's president, Interfax reported. (MT)

Gazprom Neft Invests $50M In Military Airfields

The aviation fueling subsidiary of Gazprom Neft, Gazpromneft-Aero, will invest 1.8 billion rubles ($50 million) to modernize aviation fueling infrastructure at Defense Ministry airfields in 2013, Interfax reported, citing the company. (MT)

Russian Railways In Talks to Electrify Indian Track

Russian Railways is interested in the electrification of railroads in India, a market that annually electrifies two thousand kilometers of track, general director of Russian Railways International, Sergei Pavlov said, adding that negotiations are now underway, Interfax reported. (MT)