Sanctioned Russian billionaires investing at home – Bloomberg

Western restrictions have forced entrepreneurs to reinvest in Russia, the outlet says Russia’s richest business figures continue to reap huge profits from their operations but, because of Western sanctions, they are reinvesting in their own country, Bloomberg reported on Friday.

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Germany promises ‘massive’ increase in Ukraine aid

Berlin will provide “winter protection” for Kiev in the form of air-defense systems and electricity generators Germany is planning to “expand and increase” its support for Ukraine in the coming years, Foreign Minister Annalena Baerbock said at a meeting of the EU foreign ministers in Brussels on Monday. She provided few details of the plans,…

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Oreo manufacturer branded enemy of Ukraine

One of the world’s biggest snack companies, Mondelez International, has been labeled an enemy of Ukraine due to its reluctance to exit Russia, Ukrainian media reported on Thursday. The Ukrainian National Corruption Prevention Agency (NCPA) has designated the producer of Milka and Alpen Gold chocolate, Oreo and Barni biscuits, Picnic bars and Dirol chewing gum…

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