Russia will join the WTO later this month. By some estimates, the US could double its exports to Russia in the next five years. But there's a catch. A Cold War law prevents normal trade relations between the two countries.
The Russian Parliament has passed an amnesty law that covers two very high-profile Russian cases. It calls for the release of the two jailed members of the protest punk band Pussy Riot. And the amnesty is expected to end the prosecution of the Arctic 30, the Greenpeace activists arrested as they protested Russian oil drilling in the Arctic.
A new round of US sanctions against Russia is taking aim at several members of Vladimir Putin's inner circle. One of them is Igor Sechin, considered the Russian energy czar and a close adviser to Putin.