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MOSCOW, Russia (AFP) — Russia is piling huge pressure on foreign companies fleeing the country following Moscow’s decision to send troops to Ukraine even as some tycoons warn that the seizure of assets would take the country “back to 1917”. On Thursday, Russian President Vladimir Putin approved a plan to nationalise foreign-owned companies, and on Friday parliament’s lower house was set to discuss the initiative. Russian prosecutors on Friday warned they would be closely […]
MANILA, Philippines (AFP) — The head of prominent Philippine online gaming firm Philweb Corp. resigned Thursday, a day after President Rodrigo Duterte threatened to “destroy” him and accused him of being an oligarch. Speaking to members of an election watchdog on Wednesday, Duterte called Ongpin an oligarch, saying the company’s chief got rich thanks to his close connections with four previous presidents, including the late dictator Ferdinand Marcos. Duterte, who has launched a controversial crackdown […]
