Russia to make it harder for foreign companies to leave – Izvestia

Departing firms will need to contribute 15% of the value of their business sale to the country’s budget, the newspaper reports Western companies seeking to leave Russia and sell their assets in the country will soon be obliged to make a 15% contribution to the state budget, Izvestia reported on Tuesday, citing the Finance Ministry.

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In post-Soviet Russia, New Year's remains a bigger holiday than Christmas: How did this happen?

Present-day Russia is almost the only major Christian country in the world where New Year festivities are more prominent than those of Christmas. While Westerners are unpacking gifts on December 24th, Russians are still immersed in an atmosphere of their upcoming holiday, which, when it comes around, is filled with age-old traditions and lasts almost…

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Ukraine facing ‘worst winter ever’ – FM

Dmitry Kuleba has called on the West to provide Kiev with air defenses to protect energy infrastructure Ukraine is bracing for “the worst winter” in its history as it prepares for large-scale blackouts due to Russian missile strikes, Foreign Minister Dmitry Kuleba has said. Moscow began targeting Ukrainian energy infrastructure last autumn in response to…

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