Wednesday, October 8, 2014

Russian Parliament Moves Closer to Adopting Law on Compensation for Sanctions - NYTimes.com

Russian Parliament Moves Closer to Adopting Law on Compensation for Sanctions - NYTimes.com: The Russian Parliament on Wednesday took the first major step to authorize the Kremlin to seize foreign assets and use them to compensate individuals and businesses in Russia that are being hurt by Western sanctions over the Ukraine crisis.

The law stands to arm the government of President Vladimir V. Putin with a remarkable weapon of retribution, effectively allowing the government to compensate the very insider businessmen and other elite figures who Western leaders hoped would convince the Russian leader to reverse his course in Ukraine.

See original work for more on this and other stories.

No comments:

Post a Comment

Spamming will be removed.

Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.

Note: Only a member of this blog may post a comment.