Coping mechanisms. The Russian government introduced new measures to help the country cope with Western sanctions. They include an exemption on income tax payments on bank deposit interest, a possible ban or limits on foreign trade on certain products, assistance for some airlines, preferential lending for the agriculture industry, additional funding for road infrastructure and […]
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Daily Memo: Moscow’s Plan to Stem the Fallout of Sanctions
Beijing, meanwhile, has expressed its displeasure with the onslaught of Western sanctions targeting Russia's economy.
