Bangladesh, March 18 -- In a significant policy shift that could signal a thaw in relations between Russia and the United States, President Vladimir Putin has signed a decree granting an American hedge fund, 683 Capital Partners, the authority to acquire Russian securities previously held by Western financial entities. This move, which comes after years of strained relations between the two countries and in the wake of the Ukraine-related sanctions, marks a moment of potential change in the geopolitics of international finance and economic diplomacy.

On Monday, March 17, 2025, Putin signed a presidential decree authorizing 683 Capital Partners, a New York-based hedge fund, to buy securities in Russian companies that had been previously o...