Bill Browder, who once ran Russia’s largest foreign investment fund, says companies staying in Russia is like doing ‘business in Nazi Germany’

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Bill Browder once ran Russia’s largest foreign investment fund — now he’s Putin’s “enemy.” In an interview with The New York Times , he said remaining in Russia is like doing “business in Nazi Germany.” He said all companies have a “moral obligation” to leave Russia, “no matter what the […]

European Union slaps sanctions on Putin’s two adult daughters

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Putin’s two adult daughters have been sanctioned by the European Union.Maria Vorontsova and Ekaterina Tikhonova had previously been sanctioned by the US.Russian oligarchs, Kremlin officials, and other business leaders were also sanctioned by the EU.Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right […]

Estonian cards in Turkey, Italian cards in Singapore: ordinary Russians abroad are using foreign bank accounts after sanctions

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Visa and Mastercard ceased Russian operations, blocking Russian bank cards abroad.Russians in Singapore, the UK, and Turkey told Insider they are using foreign accounts to access money.They are all worried about the value of the ruble, one of the year’s worst-performing currencies.Sign up for our weekday newsletter, packed with original […]

Sanctioned Russian oligarchs could benefit from UAE’s golden visa program, which offers long-term residency in exchange for a multimillion-dollar investment

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Oligarchs are moving to countries with a neutral stance on Russia’s invasion of Ukraine, per Forbes.The United Arab Emirates’ golden visa program offers long-term residency to investors.The program enables foreigners to live, work and study in the UAE.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]

How isolated is Russia, really?

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As a consequence of its invasion of Ukraine, Russia has become isolated.In a matter of weeks, it went from a highly integrated economy to one of the world’s most heavily sanctioned countries, and governments are going so far as to subvert longstanding policies and traditions to pour weapons and other […]

New Woolworths checkout cameras watching over customers

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A startling new feature spotted at a Woolworths store in Sydney has been designed to reduce self-checkout scanning errors, a representative says. An overhead camera was spotted at the top of the self-serve checkout in a western Sydney store looking over the scales and bagging area. The camera records shoppers’ […]

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