Russia to impose windfall tax on large businesses

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Russian companies embark on massive expansion to ‘friendly’ countries  

Tax discounts and opportunities to boost exports have reportedly been behind the move to open new branches Russian businesses have opened nearly 12,000 branches in Serbia, the United Arab Emirates, Armenia, and Kyrgyzstan since 2022, the news outlet Izvestia reported on Monday, citing industry data.

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Germany warns of ‘brutal’ global hunger

Skyrocketing food prices worldwide are the result of Russia pursuing a hybrid war strategy, German Foreign Minister Annalena Baerbock claimed on Saturday following a G7 meeting. However, Moscow immediately hit back by blaming Western sanctions for the spike.

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