Russia rapidly recovered from sanctions & drop in oil prices

The Russian economy has proven that it can withstand Western sanctions and falling oil prices, Matthias Siller, co-manager of the Barings Emerging Europe Fund, has said. Despite the difficulties Moscow faced between 2010 and 2015, “things have picked up rapidly in the past five years,” Siller said in an interview with the Daily Telegraph published on Friday. “The region has performed incredibly well, so our Russian investments have grown and become a larger part of the portfolio,” he noted. Also on rt.com Russia & EU on path to cut out the dollar by boosting settlements in n

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