The United States, the United Kingdom, the European Union, and Japan, among others, have imposed sanctions on Russia over its military operations in Ukraine. Russia has said it will seize funds from various Western companies in Russia. News Reuters.
Russia's state-owned news agency RIA Novosti quoted Reuters as saying that the Western alliance had imposed sanctions on President Putin himself, as well as a number of Russian banks and businessmen, in a recent issue.
Russia's Deputy Security Council President and former President Dmitry Medvedev responded on Saturday. He said his country would respond by seizing the funds of foreign nationals and foreign companies in Russia and seizing the money of Russian citizens and companies. Therefore, Moscow does not rule out the possibility of nationalizing the assets of registered companies that are not friendly to the United States, the European Union and others, Medvedev said.
Meanwhile, in the wake of the war in Ukraine, the US-led Western alliance has sought to isolate Russia internationally by imposing sanctions on the financial, technological and trade sectors. They also confiscated assets of various Russian banks and businessmen, as well as money from the Russian gas pipeline project. In addition, Russia's access to the market for technology products such as semiconductors has been limited.
Russia's stock market plunged to its lowest level in four-and-a-half years since the sanctions were announced. The Russian ruble has also depreciated against the dollar. US President Joe Biden says Putin has chosen the war. Now he and his country will enjoy its fruits.
And in retaliation, Russia is also going to decide to confiscate the assets of foreigners in its country.
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The United States, the United Kingdom, the European Union, and Japan, among others, have imposed sanctions on Russia over its military operations in Ukraine. Russia has said it will seize funds from various Western companies in Russia. News Reuters.
Russia's state-owned news agency RIA Novosti quoted Reuters as saying that the Western alliance had imposed sanctions on President Putin himself, as well as a number of Russian banks and businessmen, in a recent issue.
Russia's Deputy Security Council President and former President Dmitry Medvedev responded on Saturday. He said his country would respond by seizing the funds of foreign nationals and foreign companies in Russia and seizing the money of Russian citizens and companies. Therefore, Moscow does not rule out the possibility of nationalizing the assets of registered companies that are not friendly to the United States, the European Union and others, Medvedev said.
Meanwhile, in the wake of the war in Ukraine, the US-led Western alliance has sought to isolate Russia internationally by imposing sanctions on the financial, technological and trade sectors. They also confiscated assets of various Russian banks and businessmen, as well as money from the Russian gas pipeline project. In addition, Russia's access to the market for technology products such as semiconductors has been limited.
Russia's stock market plunged to its lowest level in four-and-a-half years since the sanctions were announced. The Russian ruble has also depreciated against the dollar. US President Joe Biden says Putin has chosen the war. Now he and his country will enjoy its fruits.
And in retaliation, Russia is also going to decide to confiscate the assets of foreigners in its country.
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