5 ms·

Russia’s ruling party suggests nationalization of foreign businesses

16 points by empressplay 5y ago

empressplay 5y ago
Russia’s ruling party has come up with the idea of nationalizing the production of companies announcing their departure from the Russian market during the military offensive in Ukraine. Since the launch of the military operation, dozens of international enterprises have revealed their intention to cease operations in Russia, and the list is constantly growing. The secretary of United Russia’s general council, Andrey Turchak, called these actions “stabs in the back,” and warned of “tough retaliatory measures.” “United Russia proposes to nationalize the production of those companies which announce their departure and the closure of production in Russia during a special operation in Ukraine. This is an extreme measure, but we will not tolerate stabs in the back, and we will protect our people,” Turchak said in a statement. He called the companies’ decision to leave Russia “a premeditated bankruptcy,” “a purely political decision,” and part of a “sanction war against Russia.” Therefore, he argued, the main task of the Russian authorities is to “to preserve jobs” and not let the economy “be destroyed from within.” “This is a real war, and not against Russia as a whole, but against citizens. We will not look at it indifferently. We will take tough retaliatory measures, acting in accordance with the laws of war,” Turchak said.
awb 5y ago
RT is Russia's state news agency. I don't think it's a great primary source for interesting information. Regardless of the nature of this article, it's a gateway to some prolific propaganda. If you'd like to encourage a healthy debate on the subject, I'd recommend a different source.
- JonChesterfield 5y ago
  Russia's state news threatening theft of foreign assets in Russia seems inherently plausible. It's one of the saner responses to sanctions they have available.

5 ms·

Russia’s ruling party suggests nationalization of foreign businesses

16 points by empressplay 5y ago

empressplay 5y ago
Russia’s ruling party has come up with the idea of nationalizing the production of companies announcing their departure from the Russian market during the military offensive in Ukraine. Since the launch of the military operation, dozens of international enterprises have revealed their intention to cease operations in Russia, and the list is constantly growing. The secretary of United Russia’s general council, Andrey Turchak, called these actions “stabs in the back,” and warned of “tough retaliatory measures.” “United Russia proposes to nationalize the production of those companies which announce their departure and the closure of production in Russia during a special operation in Ukraine. This is an extreme measure, but we will not tolerate stabs in the back, and we will protect our people,” Turchak said in a statement. He called the companies’ decision to leave Russia “a premeditated bankruptcy,” “a purely political decision,” and part of a “sanction war against Russia.” Therefore, he argued, the main task of the Russian authorities is to “to preserve jobs” and not let the economy “be destroyed from within.” “This is a real war, and not against Russia as a whole, but against citizens. We will not look at it indifferently. We will take tough retaliatory measures, acting in accordance with the laws of war,” Turchak said.
awb 5y ago
RT is Russia's state news agency. I don't think it's a great primary source for interesting information. Regardless of the nature of this article, it's a gateway to some prolific propaganda. If you'd like to encourage a healthy debate on the subject, I'd recommend a different source.
- JonChesterfield 5y ago
  Russia's state news threatening theft of foreign assets in Russia seems inherently plausible. It's one of the saner responses to sanctions they have available.