The Swedish furniture-making giant exited Russia amid Western sanctions, but it still has assets in the country The Russian Federal Tax Service has filed a legal complaint with the Arbitration Court of Moscow Region against a local subsidiary of Swedish furniture manufacturer IKEA, the business daily Kommersant reported this week, citing court documents.

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The Foreign Ministry warns such a scenario could materialize if Washington DC persists with its “rampant Russophobia” There is a real possibility that diplomatic relations between the US and Russia could be entirely severed, the Foreign Ministry in Mocow has warned. While Russia wants to avoid such a scenario, Washington’s insistence on confrontational policies makes…