Ferrari suspends production of cars for Russian market

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Luxury carmaker Ferrari suspends production of vehicles for Russian market

Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow's invasion of Ukraine.Luxury car maker Ferrari said on Tuesday it would suspend exports to Russia because of Moscow's invasion of Ukraine.

"We continue to monitor the situation closely and will always respect all rules, regulations and sanctions," it said.

 

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Russia's currency is backed by Gold , making it the most valuable currency whilst the dollar is backed by nothing which will soon make the dollar worthless.

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