Russian

By Emma-Victoria Farr, John O’Donnell and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -A Russian court froze the shares in Raiffeisen Bank International’s local arm, the biggest Western bank in Russia said on Thursday, blocking the sale of the unit and escalating a standoff between Moscow and the West. Austria-based RBI had vowed…

Russia, in many ways an authoritarian state, has designated itself as a “safe haven” for citizens of Western countries looking to escape “destructive neoliberal ideas.”Russian President Vladimir Putin signed a decree that Moscow will assist any foreign nationals who want to apply for temporary residence in Russia “outside the quota…