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.
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.
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.