In Moscow's Shadows In Moscow's Shadows 166: Raider Nation, a quick news round-up
Sep 18, 2024
Get ready for a wild ride through Moscow's gritty business scene! A shocking shootout reveals how personal feuds can fuel corporate warfare, involving sports figures as enforcers. Tune in to hear about the eerie return of corporate raiding reminiscent of the 1990s. Discover the Kremlin's latest revenue-boosting strategies and the potential public backlash. Plus, learn about a major general's arrest amidst a military corruption crackdown—are these real reforms or just political maneuvers? Power struggles and corruption intertwine in this fascinating exploration!
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Wildberries Shootout
- Wildberries, Russia's largest online marketplace, is embroiled in a divorce/business dispute.
- Vladislav Bakalchuk's meeting with his estranged wife, Tatyana, at the Romanov Dvor Business Center escalated into a shootout.
Resurgence of Corporate Raiding
- Corporate raiding, once common in Russia, is becoming more brazen and violent.
- This is due to economic struggles, a sense of urgency, and a perceived weakening of state control.
Increased Traffic Fines
- Russia is increasing fines for traffic violations, like refusing to stop for police.
- This is part of a broader effort to raise revenue without increasing direct taxes.