The former Russian president, Dmitry Medvedev, hasn’t ruled out nationalizing the Russian-based assets of foreigners registered in “hostile jurisdictions.” The harsh step may be taken in response to the seizure of funds of Russian citizens abroad, the ex-leader, who is currently deputy chairman of the Security Council of Russia, posted on Facebook. “They also threaten to seize the money of... 

Kyrgyzstan, Central Asia’s second poorest nation, is sitting on a pile of gold, quite literally. For years, the bulk of profits from the colossal Kumtor Mine have been sent abroad. Now, a new government is trying to change that. In May, the former Soviet republic sparked an international legal battle when it rolled in and took control of the Kumtor Mine, operated by Toronto-based Centerra Gold.... 

Members of the French Communist Party stage a mock protest outside the headquarters of Swiss bank HSBC on the Champs-Elysees avenue, on February 26, 2015 in Paris. Communist protesters held a mock arrest of HSBC’s CEO as anger towards high finance continues to mount in austerity-wracked France. The Swiss arm of HSBC is being investigated in France over leaked files which allege the bank masterminded... 

Bolivian President Evo Morales Bolivian President Evo Morales has nationalized a Spanish power company and ordered its seizure. On Tuesday, Morales issued the order nationalizing Transportadora de Electricidad SA (TDE), which is a subsidiary of the Spanish group Red Electrica Corporacion, AFP reported. Bolivia will now take control of 99.94 percent of the company. The company, which was privatized... 

View of the Senate Plenary Session, while voting on a presidential decree to allow the expropriation of YPF, in the Argentine capital, Buenos Aires, April 26, 2012 Argentina’s senate has endorsed a presidential decree to nationalize Spain-owned oil company YPF amid widespread domestic support for the plan. At the Wednesday session of the senate, legislators from both the ruling party and the... 

A YFP Gas tanker Argentina has ordered the seizure of YFP Gas, another company controlled by the Spanish firm Repsol, as part of plans to take control of the country’s natural resources and increase production. “There’s a division (of Repsol) called YPF Gas and that’s what will be expropriated,” Argentine Senator Marcelo Fuentes said on Wednesday. The move to declare YPF Gas... 

Robert Mugabe’s addresses his Zanu-PF party conference in Mutare. Zimbabwe’s President Robert Mugabe says his country will nationalise all US and UK companies operating in the country unless Western sanctions are removed. He told his Zanu-PF party’s annual conference it was time to fight the sanctions imposed on him and party leaders. Mr Mugabe also said it was time to end power-sharing...