Automobile, finance, retail, entertainment, and fast food companies have said they will stop making new investments in Russia as well as end services. Companies that have cut ties with Russia include Apple, Facebook, Twitter, Netflix, Spotify, AIRBNB, YouTube, Intel, British Petroleum, General Electric, Shell, MasterCard, Visa, American Express, KFC, Moody’s, Disney, Unilever and Zara. Names are also included. At the same time, Britain has said to ban the import of oil from Russia by the end of this year.
Increased prices of food items and raw materials
Supply chains all over the world have been affected by the war between the two countries and the sanctions that followed. Due to this, along with rising prices in the food and energy sectors, raw products like aluminum and nickel have also become expensive. According to the World Bank, the ever-increasing crude oil prices will affect the economic development of oil importing developing countries such as China, Indonesia, South Africa and Turkey.
Landing or flying Russian aircraft in Britain declared a crime: Britain has tightened the already implemented flight restrictions on Russia. Under the new sanctions, it would be considered a crime to fly or land any Russian-linked aircraft in the country. These planes will be removed from the UK aircraft register. Aviation, space goods and technology will also not be able to be exported from Britain to Russia. There will also be restrictions on related services such as insurance and reinsurance.
US warns Chinese companies on cooperation with Russia
US Commerce Secretary Gina Raimundo has warned Chinese companies that companies that continue to export by ignoring sanctions imposed on Russia will be cut off from the availability of American equipment and software needed to manufacture their products. Raimundo said the US could impose sanctions on international semiconductor manufacturers as well as other Chinese companies that still provide chips or other technical services to Russia.
Tanks became icy graves for Russian soldiers…,
minus 20 degrees Celsius. These tanks, weighing 40 tons amid the temperature, are proving to be an icy grave for Russian soldiers. News of dozens of Russian soldiers dying of cold amid heavy snowfall in Ukraine is breaking their morale.