Putin reverses Ariston seizure
This is a Russia news story, published by Yahoo Finance, that relates primarily to Putin news.
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Russian subsidiaryTelegraph
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World
Putin stole their businesses, but now they want them back
73% Informative
Western companies have suffered $ 167bn ( 129bn ) of losses in Russia since Putin launched his full-scale invasion.
Analysts warn that Putin is using Western businesses as a pawn in his games with Europe and the US .
Some Western businesses have already laid the groundwork to return to Russia .
Until last autumn , businesses selling assets in Russia had to take a 50pc hit on the sale price and pay an exit tax.
In October , Russia raised the discount to 60pc and the exit fee to 35pc.
Transactions are also subject to a protracted approval process involving the finance ministry.
Ariston ’s case was backed by major lobbying from the Italian Foreign Ministry .
VR Score
74
Informative language
70
Neutral language
51
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
1
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