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News

Russia dodges a bullet in the $50 billion Yukos case – for now

April 21, 2016

The decade-long battle to get compensation for the illegal seizure of Yukos will continue well into the future after an unexpected — and legally questionable — court ruling in the Netherlands. However, whether or not the Russian state will be held liable is increasingly becoming a moot point. The whole Yukos ordeal, coupled with the Kremlin’s adventurous foreign policy and the international sanctions that came in response, have already done tremendous damage to the country’s investment profile abroad says Sijbren de Jong to Foreign Policy Magazine.

The full article can be read here. 

Photo credit: Free Grunge Textures – www.freestock.ca via Foter.com / CC BY

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