New #Ukraine 🇺🇦 #Russia 🇷🇺 Thread 🧵
Category: Cost of war 🪙
#PriceofPutin
BREAKING:
1) The @moscow_exchange website is still down & the Russian stock exchange remains closed. The Central Bank orders export led businesses to sell 80% of foreign currencies & bans foreigners from selling Russian securities to try and keep ruble afloat.
#PriceofPutin
BREAKING:
2) Roman #Abramovich is looking for around 4 billion dollars as he looks to offload #Chelsea ⚽️
espn.com/soccer/chelsea…
#PriceofPutin
3) Russia's biggest lender @sberbank pulls out of European markets as its market value plummets
#PriceofPutin
reuters.com/business/finan…
4) List of companies getting out of Russia continues to grow
#PriceofPutin
edition.cnn.com/2022/03/02/bus…
5) BREAKING: #Gazprom share value falls by 97%, #Rosneft by 67% & #Sberbank by 94% as Russian economy continues to collapse
#PriceofPutin
intellinews.com/breaking-gazpr…
6) The @moscow_exchange
website is still down & the Russian stock exchange remains closed on Thursday. The exchange's index has (on a monthly basis) lost over 34% of its value as Russian economy continues to collapse
#PriceofPutin
7) #Aeroflot loses over 33% of its value (on monthly basis)
#PriceofPutin
8) Efforts to stop the free-fall of the #ruble are not working as the Russian currency becomes more and more toxic
#PriceofPutin
marketplace.org/2022/03/02/rus…
9) The #ruble is currently worth less than one cent as speculation rises that Russia could default on bond payments
#PriceofPutin
nzherald.co.nz/business/russi…
10) Ikea is one of the latest companies to announce it is leaving Russia. We are seeing reports of shoppers panic buying before the stores close
#PriceofPutin
about.ikea.com/Newsroom/2022/…
11) The @moscow_exchange
website is still down & the Russian stock exchange remains closed on Friday as the Russian economy continues to collapse. The value of the #ruble remains below one cent.
12) Yandex may not be able to pay its debts due to #sanctions
#PriceofPutin
edition.cnn.com/2022/03/04/tec…
13) The outlook looks bleak for the collapsing #Russian #economy with a 50-50 chance of a Russian sovereign debt default
#PriceofPutin
barrons.com/articles/russi…
14) #Visa and #Mastercard have suspended operations in Russia
#PriceofPutin
reuters.com/business/finan…
15) BREAKING: We are seeing reports that Russian state owned VTB Bank intends to withdraw from European market as a result of #sanctions
#PriceofPutin
16) BREAKING: We have seen reports that chipmaking company @nvidia will no longer be selling its products in Russia
#PriceofPutin
17) Moodys has further downgraded Russia's credit rating - to Ca the second lowest on its scale evaluated at 'with likelihood of being near or in default'
#PriceofPutin
18) BREAKING: American Express #amex suspends operations in Russia
#PriceofPutin
about.americanexpress.com/all-news/news-…
21)The @moscow_exchange website is still down & the Russian stock exchange remains closed until at least 8 March - the longest shut down in Russia's modern history
#PriceofPutin
22) The exodus of firms from the collapsing Russian economy continues with major accountancy @PwC , @KPMG and @EYnews all pulling out. The @EYnews press office has described the invasion of Ukraine as “shocking and abhorrent”
#PriceofPutin
23) Streaming service #Netflix has suspended its service its Russia and Chinese-owned social media firm #TikTok imposes restrictions on its use.
#PriceofPutin
High profile law firms including review their relationship with Russia - @LinklatersLLP & @NLawGlobal are closing their Moscow offices & @Freshfields are reviewing their relationship with VTB Bank
#PriceofPutin
bloomberg.com/news/articles/…
Fashion firms including @ZARA and @LEVIS are pulling out of Russia
#PriceofPutin
ecotextile.com/2022030729044/…
26) The #Ruble has fallen by a further 10% since Friday to a record low as the Russian economy continues to collapse
#PriceofPutin #sanctions
wsj.com/livecoverage/r…
27) The last of the big 4 accountancy firms remaining active in Russia @Deloitte has now confirmed that it will also be winding up its operations
#PriceofPutin
www2.deloitte.com/global/en/page…
28) Since Russia invaded Ukraine over 200 companies have stopped at least some level of trading with Russia - detailed below. Lets hope the last few follow suit.
#PriceofPutin
🧑💼via: @JeffSonnenfeld @YaleSOM
29) Shell has now apologized for purchasing a shipment of Russian crude #oil last week and announces intention to withdraw from the Russian market
#PriceofPutin
shell.com/media/news-and…
30) Cryptocurrency exchange #Binance announces that from 9 March transactions initiated with #Visa & #Mastercard cards issued in Russia will be unavailable
#PriceofPutin
binance.com/en/support/ann…
31) We are seeing reports that #KFC , #PizzaHut and #TacoBell parent company Yum! Brands has suspended all investment & restaurant development in Russia & will also redirect all profits from operations in Russia to humanitarian efforts
#PriceofPutin
32) #Ferrari has suspended car production for the Russian market
#PriceofPutin
33) #McDonalds has decided to temporarily close all of its restaurants in #Russia
#PriceofPutin
corporate.mcdonalds.com/corpmcd/en-us/…
34) #CocaCola , #Pepsi and #Starbucks have now all suspended operations in #Russia. Pepsi has been operating in Russia for over 6 decades
#PriceofPutin
cnbc.com/2022/03/08/coc…
Russian central bank imposes limit on foreign cash withdrawals until 9 September as #Russian economy continues to collapse
#PriceofPutin
business-standard.com/article/intern…
36) Russian bank cards will stop working on the #Apple App Store from 10 March
#PriceofPutin
imore.com/russian-cards-…
37) @FitchRatings have downgraded Russia to a C rating - meaning they regard a sovereign default to be imminent. The #Russian economy continues to collapse.
#PriceofPutin
fitchratings.com/research/sover…
@FitchRatings 38) Philip Morris (cigarette makers) have suspended their investments in Russia.
#PriceofPutin
reuters.com/business/phili…
39) Prices in #Russia are rising at the fastest rate since the crash of the late 90s as the #ruble continues to collapse
#PriceofPutin
themoscowtimes.com/2022/03/10/rus…
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