Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets
Nestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.
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Nestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.
There is no doubt about the outcome of this vote, but for the Kremlin it remains important.
Fuel shortages, drone strikes and mobilization rumors are fueling anxiety and war fatigue in Russia. As support for peace talks grows among Russians, the Kremlin is watching closely ahead of parliamentary elections.
Voting got underway on Friday in a tightly controlled three-day parliamentary election in Russia which President Vladimir Putin has framed as a barometer of support for Russia's war in Ukraine. It is the first parliamentary election since Russia launched its full-scale war in Ukraine in February 2022, and most anti-war candidates have been excluded from the ballot.
The risk of a protest vote was too high at the Duma elections so a pre-election crackdown was carried out.
There is no doubt over the outcome of this vote, but for the Kremlin they are still an important moment.
Kremlin spokesman Dmitry Peskov said Friday that there were reasons for "cautious optimism" regarding a proposed ceasefire deal between Ukraine and Russia, following talks between a U.S. envoy and Russian President Vladimir Putin in Moscow. Speaking to reporters in a telephone news briefing, Peskov referenced comments from Putin on Thursday in which he expressed qualified support for a U.S. ceasefire proposal to halt Russia's war with Ukraine for 30 days but said some questions needed to be answered. Peskov said that while much remains to be done, Putin "expressed solidarity with [U.S. Preside