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The U.S. is preparing a warning to Turkey and the UAE over cooperation with Russia and sanctions evasion. The U.S. will warn the authorities and businesses of Turkey and the UAE about the possible loss of access to markets in case of violation of sanctions against Russia. It
Economy
Due to the decline in content from Western studios, Russian online movie theaters could lose their viewers, Kommersant reports. About a quarter of users plan to cancel their subscriptions. Of these, 44% are dissatisfied with the high price. Content supplied from South America, Asia and India does not satisfy users
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Finland has already seized €187 million in Russian assets, Yle reports. The Debt Collection Office in Finland is in charge of freezing the assets. So far, it has frozen €187 million worth of assets. “These are real estate, shares, cars, yachts, planes. All kinds of valuable property,” stated Pia Saarivaara,
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French chain of sports shops Decathlon is selling its Russian assets. This was reported by Russian media Kommersant, citing RBC. Decathlon had a total of 57 shops in Russia, all of which have been closed – the brand suspended operations in Russia from 27 June: both shops and website sales were
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Russian RBC reports that French POS-terminals supplier Ingenico, which supplies and services POS payment terminals with the same name, will leave Russia by the end of March. According to the sources, the company plans to leave Russia on March 1, while contracts with employees in the country are valid until
Worldwide
In 2022, 2.2 million iPhones were sold in Russia, which is 48% less than in 2021 – 4.2 million devices. This is reported by Russian media Vedomosti, citing Marvel Distribution and representatives of MTS, MegaFon and Citilink.
Worldwide
On Wednesday, January 25, Switzerland imposed another package of sanctions against Russia. This was announced by the Swiss government. Sanctions have been imposed on about 200 more individuals and entities. > “The Federal Council will now implement the remaining measures of the ninth package of sanctions with effect from 25
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Russia’s biggest foreign investor in the timber industry is getting rid of its stake. US-based International Paper is selling its stake for less than it bought it 15 years ago. This is noted in a company’s statement [https://internationalpaper2015.q4web.com/news-releases/press-r/2023/International-Paper-Reaches-Agreement-to-Sell-Ownership-Interest-in-Ilim-Joint-Venture/default.aspx] . International
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Japan tightened sanctions against Russia following its latest wave of missile strikes in Ukraine. The new sanctions include adding certain goods to an export ban list and freezing the assets of Russian officials and entities. This was reported by Reuters. > "In light of the situation surrounding Ukraine and
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Crude oil supplies from Russia have fallen to their lowest level for 2022, following restrictions imposed on Russia over its invasion of Ukraine. This was reported by Bloomberg. > “The country's overall seaborne flows fell by 117,000 barrels a day to 2.615 million barrels on a
Worldwide
Germany's Wintershall Dea, Europe's leading independent oil and gas company, has announced its withdrawal from Russia, the company's CEO says. > “Over the years, we have built many personal relationships in Russia – including in our joint ventures. But the foundations of our work in
Worldwide
Since the beginning of 2023, Germany has completely phased out energy supplies from Russia: coal, gas and oil. This was announced [https://www.facebook.com/Bundesregierung/posts/pfbid0QgBASRo9gYVXWdmdYWZ3aUnGYi1crWGR5M7XsHS9wJhCLS4zSeThxqyMuyf5mCSxl] by the German government. The German government noted that before Russia's full-scale invasion of Ukraine, 55% of the country'