Putin Seizes Japan Tobacco International's Russian Assets, First in Tobacco Sector
Published 2 d ago5 sourcesEvidence: Reported
Russia is accelerating the seizure of European and American company assets by placing them under provisional administration, escalating the risk of outright confiscation. This contradicts recent Kremlin envoy Kirill Dmitriev's overtures to attract Western business back to Russia, signaling a hardening stance. The move heightens uncertainty for foreign investors and may further deter Western corporate engagement.
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