'Sanctions from Hell' — Can West finally choke off Kremlin's war machine?
Opinion

'Sanctions from Hell' — Can West finally choke off Kremlin's war machine?

by Viktoriia Vyshnivska

The U.S. House of Representatives just voted on sweeping new sanctions aimed at putting further pressure on Russia's economy and its war machine, including measures targeting Moscow's energy sector, defense industry, "shadow fleet" and foreign networks helping it evade sanctions. The effectiveness of these measures, however, will ultimately depend on how consistently they are enforced and how actively and responsibly U.S. President Donald Trump uses the authorities they provide. The legislatio

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Putin confiscates Nestle, Auchan assets in Russia

Russian President Vladimir Putin on Sept. 17 signed a decree confiscating the assets of several international companies, including Nestle and Auchan. Other companies include Bati Logistics, FM Logistics, and Le Monlid LLC, which, alongside Nestle and Auchan, had their assets put under the temporary management of Russian joint-stock company L.E.V. Management, according to Russian media. The well-known Nestle and Auchan did not leave the Russian market after Russia began its full-scale invasion

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