File - Signs advertising currencies light next to the exchange office in Moscow, Russia, Tuesday, Dec. 16, 2014. (AP Photo/Pavel Golovkin)
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Russia's richest man said international investors are coming back to the country and the impact of sanctions has peaked.Europe and the U.S. imposed sanctions on Russia's energy and finance industries and dozens prominent individuals last year after the nation annexed Crimea from Ukraine.Investors were expecting more sanctions and more problems for the Russian economy, Potanin said.It's now the "right time" for investors to come back to Russia.Europe and the United States misunderstand Putin and the dynamics of their relationship with Russia by not appreciating that the nation has its own interests as well as being "mentally" European, according to the billionaire.Off the rink, one of Putin's main challenges is to find a younger leader to succeed him, according to Potanin, who said there needs to be more competition in Russian politics.
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