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US lifts sanctions on blacklisted Russian tycoon’s companies

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US lifts sanctions on blacklisted Russian tycoon's companiesThe US Treasury Department lifted sanctions Sunday on Russian aluminum giant Rusal and two related companies after blacklisted billionaire Oleg Deripaska took action to sharply cut his stake in them. The tycoon is known to have friendly relations with Russian President Vladimir Putin and had business ties with US President Donald Trump’s former campaign chairman Paul Manafort, who was convicted in Special Counsel Robert Mueller’s investigation into Russian meddling in the 2016 election.