Russia's Crime Agency Proposes Nationalizing Key Sectors.

1 min read
Source: Yahoo News
Russia's Crime Agency Proposes Nationalizing Key Sectors.
Photo: Yahoo News
TL;DR Summary

The head of Russia's federal crime agency, Alexander Bastrykin, has suggested that key sectors of the economy should be returned to state ownership to support Moscow's war in Ukraine. Bastrykin said that "economic security in a war" was necessary and proposed nationalising the main sectors of the economy. Russia conducted wide-ranging privatisations in the 1990s, but some of the state's most valuable assets ended up in the hands of oligarchs.

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