Oil Price, Sanctions Weigh On Russian Stocks, Moscow Unfazed

By Irina Slav When Donald Trump won the presidential vote last year there was an outcry from his opponents due to his alleged close ties with the Russian government. Many believed that Trump would be quick to remove U.S. economic sanctions against Russia, thus stimulating economic growth in the country and making it more daring territorially. This has not happened and is unlikely to happen, as is becoming increasingly obvious. The sanctions have remained, and so have low oil prices, pressuring Russia’s growth and stock market. These two factors are seen…

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