Russia’s Richest Billionaire: Impact of Sanctions Is Waning

Russia’s richest man said international investors are coming back to the country and the impact of sanctions has peaked.

“Now it’s getting clear that the situation is more politically stable or predictable,” Vladimir Potanin, who heads Russia’s biggest miner, OAO GMK Norilsk Nickel, said in an interview with Bloomberg Television on Monday. “Nobody wants more sanctions. I think we reached a stable level in terms of tensions.”