Europe

Some Multi-National Companies Ignoring Western Sanctions Against Russiai
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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.


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