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The Parliamentary Assembly of the Council of Europe (PACE) has adopted a resolution condemning Russia's aggressive war against Ukraine with the assistance of the Belarusian regime. The decision was supported by 71 delegates. PACE recommends that representatives from Russia and Belarus be excluded from the Olympic and Paralympic
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Sales of flagship smartphones from Apple and Samsung have dropped to 25% in unit terms and 50% in revenue, according to Vedomosti. The current situation with the sales of high-end smartphones in Russia is comparable to the state of the market in 2013. Similar sales data for Apple and Samsung
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Ukraine, along with several other states aspiring to become members of the European Union, has informed the EU Council of its intention to join the sanction regime related to the destabilization of Moldova [https://www.consilium.europa.eu/en/press/press-releases/2023/06/29/statement-by-the-high-representative-on-behalf-of-the-eu-on-the-alignment-of-certain-countries-concerning-restrictive-measures-in-view-of-actions-destabilising-the-republic-of-moldova/] . The announcement was made by
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The popular dating app, Tinder, has officially ceased operations in Russia, leaving users in the country with an error message. The app has also been removed from the Russian versions of App Store and Google Play. Match Group, the American company that owns Tinder, announced its departure from the Russian
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Beer giant Carlsberg Group has signed an agreement for the sale of its Russian business, the company announced in a statement [https://www.carlsberggroup.com/newsroom/carlsberg-sells-its-russian-business-subject-to-regulatory-approvals/] . The company does not disclose the buyer or the price of the deal yet. At the same time, the company added that the
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General Electric (GE) will not be able to continue servicing gas turbines at TPPs with a total capacity of 5 GW in Russia because of sanctions, Kommersant reports. Extended U.S. sanctions came into force on June 18, banning U.S. companies from providing engineering services in Russia. A service
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The Russian plant of Bosch was taken over by the state entity NAMI, which has acquired a 100% stake in a factory producing antilock brakes and other systems for cars, which previously belonged to German technology group Robert Bosch. NAMI is actively buying up assets of global automakers that left
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Mondelez, which produces such sweets as Milka and Oreo, has announced that it will have the Russian business stand-alone by the end of the year, the company announced in a statement [https://www.mondelezinternational.com/News/Statement-on-our-Operations-in-Russia] . Mondelez emphasized that it has been condemning Russia's brutal aggression against
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The new 11th package of the European Union sanctions against Russia came into effect on Friday, June 23, the Ministry of Foreign Affairs of the Republic of Estonia announced on Twitter. > The #EU [https://twitter.com/hashtag/EU?src=hash&ref_src=twsrc%5Etfw]🇪🇺 1⃣1⃣th sanctions
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Scandinavian countries are boycotting the products of Mondelez International, the manufacturer of snacks and chocolate, because of its presence in Russia. SAS and Norwegian Air, railway group SJ, hotel chain Strawberry, retail chain Elkjop, shipping group Fjord Line and the Norwegian Football Association have recently announced that they would stop
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The European Central Bank continues to put pressure on banks in the eurozone, urging them to curtail business in Russia as soon as possible. More than a year after Russia began invading Ukraine, several European banks, including Austria's Raiffeisen Bank International and Italy's UniCredit, are still
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Scandinavian Airlines (SAS) has suspended the sale of all products of food giant Mondelez due to the fact that the company is on the Ukrainian list of "sponsors of war," Borsen reports. Mondelez owns such brands as Freia, Toblerone, and Daim. It has three plants in Russia, and