Moscow, Dec 6 (EFE).- Russia’s State Duma, the lower house of the Federal Assembly of Russia, approved a draft legislation on Wednesday allowing the head of state to impose external administration over the assets of individuals and companies from “unfriendly” countries. The draft legislation, which still requires Senate approval, confers the status of a law …
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The strategy is likely to haunt Russia’s business climate for decades, as did the Bolshevik regime’s repudiation of Tsarist Russia’s famous gold bonds.
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