The category outpaced vodka in quarterly growth at the beginning of this year, according to the regulator Vodka, Russia’s stereotypical national beverage, is beginning to lose out to lower-alcohol alternatives in terms of domestic sales, according to newly released data.
Expropriating frozen funds would have long-ranging legal ramifications, experts warn The UK might not actually confiscate Russia’s immobilized assets despite political pledges to do so because such a step would violate the rule of law and lead to a litany of legal quandaries, according to sanctions experts cited by Politico in an article on Monday.
New Western sanctions against Russian metals are a weapon that cuts both ways, Kremlin spokesman Dmitry Peskov has said. The US and UK have targeted Russian-origin aluminum, copper, and nickel, aiming to reduce Moscow’s export revenues.