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.
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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
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
US launches ‘KleptoCapture’ task force against Russian oligarchs -- Al Jazeera
2 comments:
International Cat Federation bans Russian-bred cats amid Ukraine invasion
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.
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