Europe

Some Multi-National Companies Ignoring Western Sanctions Against Russiai
X
Mil Arcega
April 21, 2014 9:29 PM
Western sanctions are hurting Russia’s economy. That’s according to the country’s economic minister, who says Russia’s economic output is shrinking as investors take their money elsewhere. But some western companies are bucking that trend -- expanding business interests in Russia - even as the U.S. and European allies consider wider sanctions to punish Moscow for annexing Crimea and destabilizing eastern Ukraine. Mil Arcega reports.

Some Multi-National Companies Ignoring Western Sanctions Against Russia

Published April 21, 2014

Western sanctions are hurting Russia’s economy. That’s according to the country’s economic minister, who says Russia’s economic output is shrinking as investors take their money elsewhere. But some western companies are bucking that trend -- expanding business interests in Russia - even as the U.S. and European allies consider wider sanctions to punish Moscow for annexing Crimea and destabilizing eastern Ukraine. Mil Arcega reports.


You May Like

Arab League Delays Forming Joint Force

Delay grows out of one of original obstacles facing pan-Arab force, analysts say: 'They may agree on the principle, but they continue to argue about how to implement the project' More

Pakistan Demands Afghanistan Protect Its Kabul Mission, Staff

Officials in Islamabad say Afghan agents are harassing Pakistani embassy personnel, particularly those living outside of mission’s compound More

US Survey: Trump Lead Grows in Republican Presidential Contest

Quinnipiac University poll shows brash billionaire real estate mogul with 28 percent support among Republican voters More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one