☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 4 months agoRussia to widen asset seizing power with new legislation, sources saywww.reuters.comexternal-linkmessage-square4fedilinkarrow-up126arrow-down10cross-posted to: worldnews@lemmy.mlworldnews@lemmygrad.mlworld@quokk.au
arrow-up126arrow-down1external-linkRussia to widen asset seizing power with new legislation, sources saywww.reuters.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 4 months agomessage-square4fedilinkcross-posted to: worldnews@lemmy.mlworldnews@lemmygrad.mlworld@quokk.au
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up10·4 months agoThey were doing some of this already, but looks like it’s gonna happen on a bigger scale now. This is a good article from 2023 discussing how Russia leveraged the west pushing companies to stop business in Russia to force them to sell assets off for pennies on the dollar. https://www.nytimes.com/interactive/2023/12/17/world/putin-companies-economy-boycott-elites-benefit-ukraine-war.html
They were doing some of this already, but looks like it’s gonna happen on a bigger scale now. This is a good article from 2023 discussing how Russia leveraged the west pushing companies to stop business in Russia to force them to sell assets off for pennies on the dollar. https://www.nytimes.com/interactive/2023/12/17/world/putin-companies-economy-boycott-elites-benefit-ukraine-war.html