Western restrictions do not halt business but merely redirect it, the chairman of UAE’s main free-trade zone says Sanctions on Russia are having no impact outside the West and such efforts to hamper business simply redirect it elsewhere, the chair of Dubai’s main trading hub has said, in an interview with the Financial Times.
Finland is seemingly ready to violate any principles to follow the West’s campaign against Russia, Maria Zakharova says Moscow has has condemned a proposal from within the Finnish government to ban Russian citizens from buying property in the country, slamming the potential move as an “inherently segregationist action.”
The initiative attracted thousands of foreign investors since 2013, with most buying real estate Spain is planning to scrap its so-called ‘golden visa’ program, which grants residency rights to property buyers from outside the European Union, as Madrid attempts to increase the amount of affordable housing available to locals.