You're reading: New York Times: Despite sanctions, cash keeps flowing at playground for Russia’s rich

FORTE DEI MARMI, Italy - In this seaside resort town that is Italy’s version of a Russian Riviera, where furs dangle in shop windows in August and beach clubs keep chilled bottles of vodka, a temblor of anxiety unnerved hoteliers and restaurateurs in March. Usually, the phones would ring with Russians booking rooms, villas, even helicopters. But the phones suddenly went quiet. 

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