Tuesday 19 May 2015

Vladimir Potanin: Russia's Richest Man Says Sanctions Are Waning - Bloomberg Business

Vladimir Potanin: Russia's Richest Man Says Sanctions Are Waning - Bloomberg Business:



"Russia’s richest man said international investors are coming back to the country and the impact of sanctions has peaked.



“Now it’s getting clear that the situation is more politically stable or predictable,” Vladimir Potanin, who heads Russia’s biggest miner, OAO GMK Norilsk Nickel, said in an interview with Bloomberg Television on Monday. “Nobody wants more sanctions. I think we reached a stable level in terms of tensions.”



Europe and the U.S. imposed sanctions on Russia’s energy and finance industries and dozens of prominent individuals last year after the nation annexed Crimea from Ukraine. The ruble lost almost half its value as the central bank burned through currency reserves in an attempt to slow the collapse."



'via Blog this'

No comments:

Post a Comment