The "Evropeisky" mall in Moscow was once a symbol of a Russia integrated into the global consumer economy, with atriums named after cities like London, Paris and Rome.
Russian President Vladimir Putin responded Thursday by saying that if foreign companies shut down production in Russia, he favoured a plan to "bring in outside management and then transfer these companies to those who want to work." "When it comes to social pressures or potential public backlash, what they understand, I guess, is that people will not take to the streets because they cannot buy a Big Mac," Weafer said. "But they might take to the streets if they have no job and no income."
Even before its latest invasion of Ukraine, Russia was already trying to domesticize its food supply following sanctions it had placed on the European Union in 2014. With little to no fresh food imported from those trading partners, Russia put greater focus on domestic food and importing from friendlier countries like Turkey.
The auto industry has been particularly hard hit by its reliance on foreign-made electronics. Even companies that have stayed in Russia like French carmaker Renault, the majority owner of Russian producer Avtovaz, have had to suspend production temporarily.
I think they all realize the risk.
Deservedly so.
Just like Cuba did
Putin will not survive this war. After he is gone everything will be back to normal.
There is a lot of Russian and Chinese money tied up in Canadian and American real estate.
The virus was very weak and now possibly a great depression? Funny times ppl are having to live through. Countries should stop playing dumb games. WW3 get it over with! You know no matter the outcome the government ain't gonna starve!
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