David Bowie: Artist an businessman - Volkswagen apologizes to US public for cheating - Putin admits sanctions are biting
The Russian parliament's new sanctions bill against the US is significantly watered-down from the tough legislation initially introduced. Analysts say the Kremlin fears public backlash and scaring off foreign investors.
Go along with US sanctions, and you'll face jail — that's the warning Russian lawmakers have for those who adhere to or facilitate business sanctions. Foreign companies have much to lose in this catch-22 situation.
Russia's economy is the world's eleventh-largest. Following a period of recession, it managed to return to growth last year despite Western sanctions widening. But can the country continue on the road of recovery?
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