Putin Says Russia Won’t Nationalize Western Assets, Vows Reciprocal Response

Putin is drawing a distinction between Russia's treatment of Western corporate assets still in the country and what he frames as seizures by European states, notably Germany. That framing matters because it signals Russia wants to keep foreign capital inside its borders functioning rather than invite full divestment, while reserving retaliation for jurisdictions it says crossed the line. The open question is whether this stated restraint holds if European asset measures expand, and whether companies still operating in Russia treat it as a durable guarantee or a temporary one.