(ST. PETERSBURG, Russia) — After a two-year break, which felt more like a boycott, European leaders and chief executives of top multinational companies are back at Russia’s top economic gathering in a sign of weariness about European sanctions against Moscow.
Russia’s annexation of Crimea in March 2014 and its support for separatist rebels in eastern Ukraine landed President Vladimir Putin in international isolation. The European Union and the United States imposed economic sanctions and kicked Russia out of the G8 group of nations.
Once Russia’s showcase of its geopolitical weight and economic attractiveness, the St. Petersburg Economic Forum — dubbed Russia’s Davos …read more
Source: Time