This is NOT the Ukraine "newswire" thread. Please continue to use the already running thread for fresh hot news postings.
This thread is for wider discussion that would otherwise effectively be trolling the breaking news thread.
This Joe Blog video fits here but so might a lot of others that come at the general subject from other angles than this one.
RUSSIA to NATIONALIZE Assets & Businesses of Foreign Firms using Fast Track Transfer Process
Multinational Businesses such as BP, Shell and Rio Tinto have announced that they intend to EXIT RUSSIA as soon as possible. These companies have invested BILLIONS in developing their businesses. The Russian Authorities have PASSED A NEW LAW that will enable Russia to NATIONALIZE these businesses. In this video I explain how this scheme works, I look at the main SECTORS at risk, discuss how firms can possibly avoid this happening and assess the impact of this scheme on both Russia and the Global Economy.
For specific details please check out the CHAPTER list below.
Chapters:
0:00 Intro
2:30 NATIONALIZATION OF ASSETS
4:36 OIL
6:23 NATURAL GAS
7:44 MINING
9:31 MANUFACTURING
10:08 FRANCHISES
12:00 HALF EXITS
13:35 SUMMARY & CONCLUSION