CNN Pulls Out Of Russia After Putin Signs “Misinformation” Law

The threat comes in parallel with another law signed on Friday which will criminalize whatever the Kremlin deems “disinformation” about the military in a crackdown on “fake information.” As a result, the BBC has pulled all reporters from Moscow.

Meanwhile, Moscow has offered foreign companies three options for a path forward: remain in Russia, exit entirely, or hand over their holdings to local managers.

First Deputy Prime Minister Andrei Belousov spelt out the government’s position a little more than a week after Russia invaded Ukraine, and a day after French bank Societe Generale (SOGN.PA) sent a chill through the corporate world by saying Russian authorities could seize its assets in the country.

Belousov outlined three alternatives for foreign firms.

“The company continues to work fully in Russia,” he said in a statement. “Foreign shareholders transfer their share to be managed by Russian partners and can return to the market later,” he added, and: “The company permanently terminates operations in Russia, closes production and dismisses employees.” –Reuters

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Mr Ed
Mr Ed
2 years ago

That should be a law here -- tell the truth or get shut down. The media has gotten away with bald-faced lies (election fraud) for far too long.