Moscow has ensured that local buyers get massive discounts when foreign companies sell their assets Efforts by Ukraine and its Western backers to convince, shame, and sanction companies into leaving the Russian market have backfired, placing lucrative enterprises in Russian hands at discount prices and pumping more than a billion dollars’ worth of exit taxes…

Citizens coerced into fighting have shown “zero” effectiveness on the front line and must be motivated properly, Kirill Budanov says Forcibly conscripted Ukrainians are performing poorly on the battlefield, Kiev’s military intelligence chief, Kirill Budanov, has admitted. He warned, however, that the country’s harsh recruitment drive must continue, and that no one will be able to…

Germany may confiscate gift parcels sent from Russia ahead of this year’s festive season, the country’s Federal Customs Service announced in statement on its website this week. According to the statement, gift parcels are regulated by the same sanctions legislation as any imports, as they may contain sanctioned goods such as paper, pulp, precious stones…