Putin's Asset Grab: A Pattern of Protectionism in Russia The latest decree signed by Vladimir Putin seizing assets from Swiss food giant Nestle and three French firms is the latest manifestation of a long standing protectionist agenda in Russia.
While many Western companies have exited or isolated their operations following the invasion of Ukraine, Moscow has made it increasingly difficult for them to leave.
This move marks another escalation in Putin's efforts to consolidate control over Russia's economy and punish those who refuse to comply with his vision.