The world’s second largest car manufacturer, Volkswagen Group, has reportedly decided to sell its business in Russia and is actively looking for a buyer, two major Russian media outlets, Vedomosti and Gazeta.ru, reported on Wednesday.

The Kurils are part of Russia and a legitimate base for its military, the former president has said Moscow is not against signing a peace treaty with Japan, but Tokyo must understand that the Kuril Islands are and will remain part of Russia, former president Dmitry Medvedev has said.

Christian Lindner acknowledged that the government “can’t offset this loss in prosperity” Germans are already paying a price for Russia’s military campaign in Ukraine, the country’s finance minister has acknowledged.