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TexasTowelie

(111,977 posts)
Sat Dec 2, 2023, 08:00 AM Dec 2023

Russia Seizes More Western Assets as Putin Signs Decree to Seize Russia's Second Largest Airport - Joe Blogs



President Putin has issued ANOTHER DECREE this time authorizing Russia to take CONTROL of the 2nd Largest Airport in Russia which is located in his home city of St Petersburg. This airport was developed using a Public Private Partnership put together with a German Airport Operator that has now lost its entire investment. Russia has now seized businesses valued at over $100 Billion and interestingly this latest asset is partially owned by Middle Eastern Wealth Funds. In this video I provide more details on the seizure of this asset, look at the losses incurred by industries who have invested in Russia and discuss the implications for the Russian Economy.

Chapters:
0:00 Intro
3:32 PULKOVO AIRPORT
6:28 AIRPORT SEIZURE
8:13 BIGGEST LOSSES
14:00 SUMMARY & CONCLUSION
19:47 WIN A JB STATUE
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Russia Seizes More Western Assets as Putin Signs Decree to Seize Russia's Second Largest Airport - Joe Blogs (Original Post) TexasTowelie Dec 2023 OP
This is why corporations should not be so quick Farmer-Rick Dec 2023 #1
As I seem to recall we invaded Russia when the Bolsheviks did this. plimsoll Dec 2023 #2
Good point Farmer-Rick Dec 2023 #4
Businesses have a very long memory of this sort of thing. Hieronymus Phact Dec 2023 #3

Farmer-Rick

(10,140 posts)
1. This is why corporations should not be so quick
Sat Dec 2, 2023, 10:19 AM
Dec 2023

To support dictators, Nazis and fascists. They can grab your wealth away too. Property seizure is not just for taking away the middle class's wealth.

plimsoll

(1,668 posts)
2. As I seem to recall we invaded Russia when the Bolsheviks did this.
Sat Dec 2, 2023, 12:26 PM
Dec 2023

I don't think that's a rational idea at the moment, but I must say Putin is returning to his roots.

Hieronymus Phact

(368 posts)
3. Businesses have a very long memory of this sort of thing.
Sat Dec 2, 2023, 12:38 PM
Dec 2023

This will deter future foreign investments in Russian projects for a very long time to come.

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