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Russia to make it harder for foreign companies to leave – Izvestia

Departing firms will need to contribute 15% of the value of their business sale to the country’s budget, the newspaper reports Western companies seeking to leave Russia and sell their assets in the country will soon be obliged to make a 15% contribution to the state budget, Izvestia reported on Tuesday, citing the Finance Ministry.

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EU state sued for stopping ship deliveries to Russia

Damen Shipyards Group wants compensation from the government for Ukraine-related sanctions The largest Dutch shipbuilder is seeking compensation from the government for damage caused by the sanctions on Russia, which have prevented it from honoring a number of contracts.

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South Korea warns North about ‘end of regime’

South Korea has warned that Pyongyang would see the “end of its regime” if it ever launched a nuclear strike, also declaring that Washington would come to its aid in the event of a conflict with the DPRK.

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