Anonymous ID: ec7a88 March 9, 2022, 11:37 a.m. No.15822231   🗄️.is đź”—kun

"Nestle, Philip Morris and Imperial Brands joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble and Unilever in halting investment in Russia, while cigarette maker Philip Morris said it would scale down manufacturing and Imperial went further and suspended it.

In response to the exodus, Andrei Turchak, secretary of the ruling United Russia party’s general council, warned that Moscow might nationalize idled foreign assets.

“United Russia proposes nationalizing production plants of the companies that announce their exit and the closure of production in Russia during the special operation in Ukraine,” Turchak wrote in a statement published on the party’s website on Monday evening. “We will take tough retaliatory measures, acting in accordance with the laws of war,” Turchak said."

 

https://www.theglobeandmail.com/business/international-business/article-russia-threatens-to-nationalize-foreign-plants-as-more-companies/

Anonymous ID: ec7a88 March 9, 2022, 11:43 a.m. No.15822279   🗄️.is đź”—kun   >>2345 >>2359 >>2500

"President Joe Biden on Wednesday ordered government agencies to begin work on creating a digital US dollar, weighing the risks and benefits of a move that could be a game changer for the global financial system. Coming amid the explosive rise of private crypto currencies like bitcoin, the US effort will place "the highest urgency on research and development efforts into the potential design and deployment options of a United States" digital currency, according to an executive order signed by Biden. Treasury Secretary Janet Yellen said agencies will "evaluate the potential financial stability risks of digital assets and assess whether appropriate safeguards are in place." Mark Sobel, a former Treasury official who is now a senior adviser at the Center for Strategic and International Studies, said the order is a "welcome development" in preparing the United States for the "future of money."

 

https://www.barrons.com/news/biden-orders-work-to-begin-on-future-digital-dollar-01646838608