Moscow Threatens Western Companies With Arrests, Seizures – Report

  • 📰 channelstv
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday.

Russian prosecutors have issued warnings to several foreign entities — via calls, letters, and in-person visits — including to Coca-Cola, McDonald’s, Procter & Gamble, IBM, and Yum Brands, the parent company of KFC and Pizza Hut, according to the business daily, citing sources familiar with the matter.

It added that the decision to continue business activities in Russia “is entirely up to the Americans.” Russian authorities have boosted efforts to prevent money from leaving its borders and to support the ruble, which has already seen a precipitous drop in value against the dollar.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is not frustration, it is fighting back. This a man fighting for her national security. Russia is carrying out a military operations in Ukraine, it's the west that call it war. Russia wants Ukraine to withdraw application to join NATO because it's a threat to national security

This is pure frustration.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines