Reported 4 days ago
After seizing the Italian company Ariston's Russian subsidiary, Vladimir Putin has unexpectedly reversed this decision, allowing the business to return to its original owners amidst discussions about reopening economic ties with Western companies. Following significant financial losses due to sanctions and asset seizures, Western businesses are now contemplating a return to the Russian market, spurred on by renewed U.S. political support. However, analysts caution that Putin may exploit these moves to negotiate leverage over Europe and the U.S.
Source: YAHOO