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A Kremlin mounting of the guard cerimony. (Mikhail Japaridze / Getty)

Russia is unlikely to extradite the 13 Russians indicted by Mueller for meddling in the 2016 election. Still, the U.S. has plenty of reasons for moving forward.

The bottom line: The "name and shame" approach is mostly meant to embarrass a foreign government, scare potential collaborators for future operations and let an adversary know the U.S. is on to them.

Flashback: In 2014, the U.S. indicted five Chinese hackers accused of a military operation to steal intellectual property. Later that year, then-Secretary of State John Kerry and Chinese President Xi Jingping reached an agreement for China to stop hacking for that purpose. The U.S. has also indicted Iranian hackers for attacking critical infrastructure and banks, and Russian hackers and affiliated hackers for an attack on Yahoo.

The impact: While accused Russians are safe within the confines of Russia, they are no longer able to travel to any country with a friendlier extradition policy. Its hardly the same as imprisonment, but does serve as a threat to anyone considering helping Moscow in the future.

Go deeper

NYC to impose vaccine mandate on private employers

New York City Mayor Bill de Blasio (D) announced a new COVID vaccine mandate for private companies during a Monday interview with MSNBC's "Morning Joe."

Why it matters: De Blasio said it was a "first-in-the-nation measure" and will go into effect starting Dec. 27.

D.C.-Beijing tensions are shifting markets

Illustration: Aïda Amer/Axios

U.S. markets stand to lose $2 trillion in value if D.C. and Beijing drift further apart.

Why it matters: Political chasms are showing up in new securities regulations that put companies and investors in a bind. The rules are also another reflection of how much relations between the world’s largest economies have cooled, even as they remain economically interdependent. 

4 hours ago - Health
Axios Investigates

Documents reveal the secrecy of America's drug pricing matrix

Illustration: Aïda Amer/Axios

American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of the companies promising to help rein in those costs prevent employers from looking under the hood.

Why it matters: Documents provided to Axios reveal a new layer of secrecy within the maze of American drug pricing — one in which firms that manage drug coverage for hundreds of employers, representing millions of workers, obscure the details of their work and make it difficult to figure out whether they're actually providing a good deal.