Russia Cracks Down on Western Companies with Stricter Capital Controls

Hey there! So, guess what? Russia has just tightened its capital controls on western companies. Yeah, they’re really cracking down on them. It seems like they want to keep a closer eye on the flow of money in and out of the country. And you know what? This move could have some serious implications for those companies. Like, they might have to jump through more hoops to get their money in and out of Russia. It’s definitely going to make things more complicated for them. So, if you’re a western company doing business in Russia, you better be prepared for some changes. And hey, if you want to read more about this, check out the full article on FT.com. It’s got all the details!