Big Western Companies Are Pumping Cash Into Russia
(Bloomberg – bloomberg.com – Ilya Khrennikov – November 22, 2016) [Charts here bloomberg.com/news/articles/2016-11-23/bouncing-back-putin-s-shrunken-economy-lures-foreign-investors] Even before the U.S. presidential election raised hopes of warmer ties with the Kremlin, some big Western companies were betting Russia’s economy will soon come out of the deep freeze. Big retailers like Sweden’s Ikea Group and France’s Leroy Merlin SA have begun pumping billions of dollars […]
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