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Suffocated by sanctions, Russia squeezes foreign firms leaving

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Suffocated by sanctions, Russia squeezes foreign firms leaving

  MOSCOW, Russia (AFP) — Russia is piling huge pressure on foreign companies fleeing the country following Moscow’s decision to send troops to Ukraine even as some tycoons warn that the seizure of assets would take the country “back to 1917”. On Thursday, Russian President Vladimir Putin approved a plan to nationalise foreign-owned companies, and on Friday parliament’s lower house was set to discuss the initiative. Russian prosecutors on Friday warned they would be closely […]

   

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