Moscow threatens Western companies with arrests, seizures: report

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Russia has issued warnings to several foreign entities – including Coca-Cola, McDonald's, IBM and Yum Brands.

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.

"The warnings have prompted at least one of the targeted companies to limit communications between its Russian business and the rest of the company, out of concern that emails or text messages among colleagues may be intercepted, some of the people said," according to the Wall Street Journal. 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.

 

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Philippines Philippines Latest News, Philippines Philippines Headlines