By  on March 31, 2014

LONDON — There’s a joke going around Russian circles in London that says if you are not someone on the Western nations’ sanctions list, then you are clearly not doing enough for Mother Russia.

While the full impact of sanctions for wealthy and prominent Russians has yet to take hold, the deteriorating relationship between Russia and the West is no laughing matter, and the mood among businesses with interests in Russia remains warily watchful.

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