Wednesday, March 2, 2022

Global Companies Boycott Russia

 

DW: From Russia with haste: Mass exodus of companies over Ukraine invasion 

Horror over Russia's Ukraine invasion has hardened opinion in the West, prompting a major flight of capital. Several US and European companies have suspended or ended commercial activity in the country. 

Outrage over Russia's brutal invasion of Ukraine has prompted foreign companies to drastically rethink their commercial relationship with the country. 

In the week since Russia invaded, several companies have already announced plans to leave, while many others are reviewing their business relationships and commercial endeavors there.  

Read more ....  

WNU Editor: The "experts" see a 7% drop in Russia's GDP .... Russian economy could shrink by 7% as result of Ukraine sanctions (The Guardian). 

More News On The Impact Of Sanctions On Russia's Economy  

Russian economy could shrink by 7% as result of Ukraine sanctions -- The Guardian  

Ukraine: EU excludes 7 Russian banks from SWIFT -- DW  

Visa, Mastercard, Amex block Russian banks after sanctions -- AFP  

Economic 'DISASTER' for Putin: Ex-Russian PM Mikhail Kasyanov says 'devastating' Western sanctions means rouble 'cannot be supported' as currency hits record LOW... and Germany's plan to stop buying gas will cut off final source of foreign exchange -- Daily Mail 

Moscow Unveils 'Plunge Protection Team'-Plan To Rescue Routed Stocks (If Market Ever Re-Opens) -- Zero Hedge  

Putin Bans Cash Exports From Russia Exceeding $10,000 In Stabilization Effort -- Zero Hedge  

Apple, Nike and Google join brands limiting services -- BBC  

H&M temporarily suspends all sales in Russia -- BBC  

World's Biggest Container Shippers Suspend Cargo Deliveries To And From Russia -- Zero Hedge  

Ukraine conflict: Airbus, ExxonMobil and Boeing take action over Russia ties -- BBC  

Two UK-based Russian oligarchs have shares in $22bn conglomerate frozen -- The Guardian  

Abramovich puts Chelsea up for sale as Russian money trail in sport draws attention -- DW 

Russia's 22 wealthiest billionaires lost a combined $83 BILLION on paper this year as Joe Biden announces 'dedicated task force to go after Russian oligarchs' -- Daily Mail  

US launches ‘KleptoCapture’ task force against Russian oligarchs -- Al Jazeera

2 comments:

  1. So gratuitous.

    Russia gets no benefit from those cats in terms of money. It des hurt Non-Russian cat owners, who own the Russian breed.

    It is something to do to show you care, while not actually planning to do anything worthwhile.

    It is a worthless gesture reported by a worthless newspaper.

    ReplyDelete