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Section: General News - A United Nations survey on global investment prospects shows the U.S. financial crisis and economic downturn are making corporations more cautious about future foreign investment. VOA Correspondent Steve Herman reports from New Delhi.
A United Nations report, released globally on Wednesday, shows foreign direct investment in developed countries likely peaked last year, when it surged 33 percent to a record $1.25 trillion. The outlook for this year is less optimistic because of the sub-prime mortgage crisis in the United States and the related upheaval in the banking sector.
One of the contributors to this year's World Investment Report …