Putin threatens western companies: We have to strangle them!
Putin threatens western companies: We have to strangle them!
Russia's President Vladimir Putin has announced stricter measures against western companies in a remarkable statement during a meeting with entrepreneurs that damage Moscow's interests. "We have to strangle them," was a central statement that claimed the proposal of an entrepreneur against US technology companies such as Zoom and Microsoft. These companies currently offer only limited services in Russia. According to Kosmo Putin complains of unjust treatment by western companies and emphasizes that Russia has created favorable conditions for their business.
The pressure on western companies in Russia has increased since the beginning of the military offensive against Ukraine in February 2022, when many companies significantly reduced or completely reduced their activities. Putin recalled that Russia has not shown anyone and pleads for a reflective answer to the actions of the western companies. While many companies have left the Russian market, some US companies may look back on a return, influenced by the beginning of efforts to improve relationships between the United States and Russia under the presidency of Donald Trump.
strong financial flows in favor of Russia
Despite the political tensions and the sanctions that aim to destabilize Putin's regime, there are still significant amounts of western companies into the Russian economy. Nau emphasizes that foreign companies can often only escape from Russia under considerable financial hurdles. You can often only sell your assets with high discounts. The challenges are reinforced by an exit tax of 15%, which brought the Kremlin $ 385 million from January to March 2024.
In 2023, for example, US companies paid a total of $ 1.2 billion in taxes in Russia, with some of the largest taxpayers Philip Morris International, Pepsico and Mars. According to frisn.de, experts, such as Michael McFaul, former US ambassador who continue to work in Russia despite the geopolitical tensions. It is outlined that, for example, German companies with $ 693 million and Austrian companies with $ 579 million also have a significant financial influence.demands for harder measures
The discussion about western companies in Russia has gained a journey, with voices like that of Mark Temnycky from the Atlantic Council according to stricter measures to restrict investments and financial support to Putin regime. The consideration that these companies could partially enable the regime's financing is in direct contradiction to the goals of the West to damage the Russian economy by sanctions and to destabilize the political structures.
In the middle of this complex situation it becomes clear that the economic landscape in Russia is still shaped by deep ditches and contradictory interests, while Putin unequivocally renewed its threats against the remaining western companies.
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