11.   But the report cautioned that there were still no clear signs that the Russian economy had definitely turned upward.

12.   However, the future is cloudy because new market competitors are emerging, the report cautioned.

13.   The report cautioned, however, against rushing headlong into any of those businesses.

14.   The report cautioned that continued attention needed to be paid to the risk of a negative impact from foreign and domestic financial markets because the economy remained fragile.