, BP has said it will exit stakes in major projects, while Unilever has said it will stop imports and exports to the country.that it would suspend all its corporate support for the Russian market, including operations, marketing and supply chain. The company does not directly operate restaurants in the country, the brand being run instead by local franchise partners.
“The same applies to the refusal of foreign companies to work in our country,” he wrote in a post on the social media website VKontakte, accusing western firms leaving the country of being “moronic for dancing to the tune of Washington and Brussels”. Russia announced plans on Thursday designed to exert pressure back on the west through economic sanctions, including through anMoscow also passed laws to impound $10bn of jets leased to Aeroflot and other Russian airlines by western organisations.
The World Bank’s chief economist, Carmen Reinhart, said on Thursday that both Russia and Belarus were “square in default territory” in an interview with Reuters. Fitch downgraded Russia’s sovereign rating further into “junk” status earlier this week, warning that the government was increasingly likely to renege on its payment commitments.
Western companies should torch their assets before leaving
Welcome to Putinbucks! Come in for a nice polonium tea!!!!
Oh no! What will we do without that prized Soviet real estate? 🤣🤣🤣
LOL. Yep that will work.
That $250-300 billion of Russian central bank funds frozen in western nations' banks will come in handy...
Russia is a failed state