Reports of Russian isolation have been greatly exaggerated. The Wall Street Journal reports that German companies are leading a quiet resurgence of foreign investment into Russia:
In the past two years, plunging oil prices and U.S. and European Union sanctions on Russia for its intervention in Ukraine sent foreign investors fleeing. Now, Western firms are placing new bets that Russia, which has been battered by economic turmoil, is on the verge of an upswing.German companies are leading the way, as they have in the past. Businesses ranging from blue chips such as Daimler AG and Henkel AG to lesser-known niche players …read more
Source: The American Interest
