Russia Creates No-Win Situation for Western Companies

Western companies operating in Russia are facing an increased risk of asset seizure or nationalization due to escalating geopolitical tensions between Moscow and the West, particularly related to Russia's war against Ukraine. Russia has been working on legislation to target Western corporations designated as "unfriendly" or "naughty" without publicly articulating specific criteria for this designation, in response to Western sanctions freezing Russian assets in Western financial institutions. Moscow aims to establish economic soft power parity with the West and inflict …

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