The Demolition of Russia's Economy

[gwb-trading]

Not like he can get the materials to get most of these operations up and running again. Take a look at the Lada shutdown.

Putin seeking ‘legal solutions’ to seize assets of Western companies exiting Russia
https://fortune.com/2022/03/10/putin-western-companies-assets/

 

[gwb-trading]

Putin humiliated as 'shocked' Russia is now poorest country in Europe
RUSSIA's war has made it Europe's poorest country within two weeks, figures show.
https://web.archive.org/web/2022031...y-poorest-country-europe-vladimir-war-ukraine

 

[gwb-trading]

Let's see how the economy of Russia's buddy is doing...

Belarus Cut to Second-Lowest Credit Grade as Moody’s Says Default ‘Likely’
https://finance.yahoo.com/news/belarus-cut-second-lowest-credit-222541898.html

 

[exGOPer]

https://twitter.com/x/status/1502681986007281664

 

[Spike Trader]

Putin humiliated as 'shocked' Russia is now poorest country in Europe

Biden didn't threaten companies who had operations in Russia.....
talk about leadership.

Mass exodus: Behind corporate America's unprecedented show of force against Putin's invasion
Over the past two weeks, hundreds of major corporations with substantial ties to Russia have withdrawn from the country amid its devastating invasion of Ukraine. The mass exodus is a marked departure from what is generally Corporate America's tepid response to calls for divestment on the basis of human rights matters.

 

[gwb-trading]

Biden didn't threaten companies who had operations in Russia.....
talk about leadership.

Mass exodus: Behind corporate America's unprecedented show of force against Putin's invasion
Over the past two weeks, hundreds of major corporations with substantial ties to Russia have withdrawn from the country amid its devastating invasion of Ukraine. The mass exodus is a marked departure from what is generally Corporate America's tepid response to calls for divestment on the basis of human rights matters.

There is also the issue of Putin and his cronies threatening the Russian executives of western nations...

Putin’s agents reportedly threatened a top Google executive in Moscow with a 24-hour ultimatum – Take down Russia protest vote app or go to prison
https://www.businessinsider.com/rus...oogle-exec-to-remove-voting-app-moscow-2022-3

 

[terr]

Most Russian civil aviation airplanes are registered in Bermuda. The news below means they forbidden from flying anywhere outside Russia. And since every airplane in the country cannot be maintained because the parts are foreign... They really should not be flown inside the country either.

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The Bermuda Civil Aviation Authority [BCAA] has “provisionally suspended all Certificates of Airworthiness” of the aircraft operating under the “agreement between Bermuda and the Russian Federation.”

A spokesperson said, “International sanctions on the aviation sector have had a significant impact on the ability to sustain safety oversight on Russian operated aircraft on the Bermuda Aircraft Registry.

“The airworthiness system has been restricted to the point that the Bermuda Civil Aviation Authority [BCAA] is unable to confidently approve these aircraft as being airworthy.

“Therefore, as of 23:59 UTC on March 12th 2022, the BCAA has provisionally suspended all Certificates of Airworthiness of those aircraft operating under the Article 83bis Agreement between Bermuda and the Russian Federation.

 

[themickey]

.....The Government previously confirmed that there are approximately 900 aircraft on the Registry of which approximately 740 are utilized by Russian air operators.

Premier David Burt previously confirmed that the island, in effect, will follow UK sanctions, saying, “In response to the Russian military invasion of Ukraine, many countries including the United Kingdom, have introduced a wide range of sanctions against the Russian Federation.

“Once implemented, UK sanctions are applicable in Bermuda as an Overseas Territory of the United Kingdom,” the Premier said, and UK Foreign Secretary Liz Truss previously said she is ”working closely with the Overseas Territories to make sure that Putin’s oligarchs have nowhere to hide.”.....
https://bernews.com/2022/03/bcaa-airworthiness-system-restricted/

 

[gwb-trading]

Well... when your government sinks to targeting Peppa Pig...

Russia sanctions PEPPA PIG in latest bizarre act of retaliation against the West over Ukraine invasion penalties
https://www.the-sun.com/news/4881279/russia-sanctions-peppa-pig-retaliation/

 

[exGOPer]

“Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from the country,” the Wall Street Journal reports.

“The calls and visits included threats to sue the companies and seize assets including trademarks.”