Russia Blocks Twitter and Facebook; Putin Signs Law To Seize Assets If Foreigners ‘Harm’ Russians | ZeroHedge
Francesco Abbruzzino, The Uncensored Report, LLC
Update (1451ET): Interfax is reporting that a Russian watchdog says Twitter is now blocked in Russia, adding to the western social media freeze that now includes Facebook and access to app stores.
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Update (1437ET): Vladimir Putin signed several laws on Friday – including one which would seize the assets of foreigners if they harm Russians or otherwise infringe on Russian rights, according to Interfax.
The threat comes in parallel with another law signed on Friday which will criminalize whatever the Kremlin deems “disinformation” about the military in a crackdown on “fake information.” As a result, the BBC has pulled all reporters from Moscow.
Meanwhile, Moscow has offered foreign companies three options for a path forward: remain in Russia, exit entirely, or hand over their holdings to local managers.
First Deputy Prime Minister Andrei Belousov spelt out the government’s position a little more than a week after Russia invaded Ukraine, and a day after French bank Societe Generale (SOGN.PA) sent a chill through the corporate world by saying Russian authorities could seize its assets in the country.
Belousov outlined three alternatives for foreign firms.
“The company continues to work fully in Russia,” he said in a statement. “Foreign shareholders transfer their share to be managed by Russian partners and can return to the market later,” he added, and: “The company permanently terminates operations in Russia, closes production and dismisses employees.” –Reuters
First image of #Ukraine ?? largest warship, the Krivak III class Frigate 'Hetman Sagaidachny', reportedly scuttled in Mykolaiv pic.twitter.com/QHzhDgRkrv
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