Russia threatens to seize Western assets

Ukraine War

Russian authorities have threatened foreign companies that are withdrawing from the country with arrests and asset seizures.. that’s according to the Wall Street Journal. Coca-Cola, McDonald’s and Apple have closed stores in Russia. Procter & Gamble, IBM and others have halted exports to the country. Over the weekend, Russian President Vladimir Putin said he would favor putting firms under ‘external management’. The Russian government has allegedly threatened to also seize their assets, including intellectual property.

Credit DW News