Sanctions are an outdated 19th century tool – Russian tycoon

Sep 26th 2023 9:21am EDT

Russia has withstood Western pressure by developing new trade and boosting domestic investment, Oleg Deripaska says The sanctions that the West has imposed on Moscow are ineffective and outdated, Russian businessman Oleg Deripaska told Financial Times on Tuesday. The founder of the world’s second-largest aluminum company, Rusal, likened sanctions to an economic “wonder-weapon,” but noted […]

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