Putin is seizing Japan Tobacco assets, further straining relations with Japan and adding another reminder that foreign asset ownership in Russia is political risk, not residual value. The tape read: t

What happened: Vladimir Putin ordered the seizure of Japan Tobacco assets in Russia, affecting four manufacturing plants. Tokyo protested immediately. Why it matters: The move further strains relations between Russia and Japan, according to the report, and drew an immediate protest from Tokyo. Coverage: 7 outlets in 24h

Vladimir Putin ordered the seizure of Japan Tobacco assets in Russia, affecting four manufacturing plants. Tokyo protested immediately.

The move further strains relations between Russia and Japan, according to the report, and drew an immediate protest from Tokyo.