Western companies severing ties with Russia over invasion of Ukraine, sanctions

, limiting the business dealings of Russian oligarchs, and other measures that will economically isolate the country.

"Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region," BP Chair Helge Lund said in a statement. "This military action represents a fundamental change. It has led the bp board to conclude, after a thorough process, that our involvement with Rosneft, a state-owned enterprise, simply cannot continue."Shell followed suit on Monday, announcing that it was ending its relationship with Gazprom, exiting its 27.

Apple announced it would cease selling all its products in Russia, including the iPhone, iPad, Mac computer, and other devices.

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Western Companies Pull Back From Russia in Response to Ukraine Invasion, SanctionsThe retrenchment is a dramatic change from a few decades ago, when the fall of the Soviet Union made Russia a promising market for international companies including energy majors, brewers and car makers. Everyone close up shop in Belarus and Russia: Starbucks, McDonalds and other fastfood, Apple store Google PlayStore, all cell phone apps, Hilton and other hotels, etc. World powers State leaders are constantly trapping and still destroying states as they have done for 300 years. They are establishing a new world order. USA China, NATO and some leaders from different countries they own oil for $200
Source: WSJ - 🏆 98. / 63 Read more »