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Since deciding to start the war in Ukraine on February 24, Russia has been the target of several sanctions from different countries, organizations and companies. In addition to economic restrictions, such as its withdrawal from the Swift international banking system, companies in several areas are suspending business in Russia. In the areas of culture, sport and entertainment, Russia had sports teams banned from international championships and major film distributors canceled premieres in the country — such as Warner who chose not to launch the new The Batman on Russian territory. 71436
Tech giants such as Apple e Samsung, also announced sanctions over the conflicts in Eastern Europe. In the case of Tim Cook's company, sales of products were temporarily suspended in Russian territory, while the South Korean company stopped selling chips and products to the country controlled by Putin. To help understand which companies have already announced sanctions and how this impacts Russia, the showmetech prepared this special article with the main companies that suspended their business in Russia due to the war.
What are sanctions and why are they important? 3e4z4p
International sanctions are measures adopted by governments, entities and companies as a non-military way to punish countries that threaten world peace and security. To a large extent, they are used as a way of expressing disapproval and punishing countries and governments that take positions that go against friendly relations between nations. In this way, sanctions are imposed as a way of applying pressure and encouraging a given country to change its stance in relation to some action seen by other countries as a problem, or to consent to the sanctioner's demands.
Sanctions affect existing relations between countries or organizations and can be unilateral, when they are imposed by only one country or company, or multilateral when they are adopted by a group or organization from several countries, which is what is currently happening. The main objective is to weaken the sanctioned country through non-military action, causing it to backtrack on decisions seen as wrong by sanctioners.
Sanctions can be of the most diverse types. Between them:
- Diplomatic sanctions: expresses disapproval of a country's action and is not related to economic or military sanctions, but through diplomatic and political means, such as cancellation of diplomatic trips or removal of representatives of the country from foreign soil.
- Economic sanctions: typically restrict commercial and financial relationships, such as banning imports or exports, banning investments and borrowing, and freezing bank s.
- Sports sanctions: Sanctions of this type seek to affect the sanctioned country through actions that harm the morale of the population. An example would be the banning of sports teams from international championships.
- Military sanctions: Military sanctions can be divided in two ways: light actions and hard actions. In the first case, embargoes on weapons and military devices are carried out. In the second, interventions and invasions can be carried out in the sanctioned country.
Sanctions against Russia already announced uk38
As of today (08/03), several sanctions against Russia due to the war in Ukraine have already been announced by numerous countries, organizations and companies. Below, the showmetech separated the main ones by categories.
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FIFA 4p4t15
Shortly after the start of the war in Ukraine, the FIFA (International Football Federation) announced a package of sanctions against Russia. Among the punishments are the holding of games by the Russian team on neutral territory and the failure to play the anthem or use the flag of the European country. In addition, the country and its clubs were excluded from all competitions of the entity, among them the qualifiers of the 2022 World Cup.
UEFA 2i3n1w
A UEFA (Union of European Football Associations) also announced sanctions against Russia. The entity decided to transfer the final of the Champions League, scheduled for the 28th of May. The game that until then would take place in Saint Petersburg, Russia, will now take place at the Stade de in Paris. THE UEFA it also banned Russian teams from its championships, in addition to breaking with its sponsor Gazprom, a Russian state-owned energy giant.
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A F1 announced the cancellation of the Russian Grand Prix scheduled for September 25 this year, saying that “it's impossible” let the race advance “under present circumstances”. Furthermore, the team Haas de F1 terminated the contract of Russian driver Nikita Mazepin and his main sponsor, Russian chemical giant uralkali.
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the teams of Counterstrike: Global Offensive from Russia (Gambit Sports, Virtus.pro e forze) were banned from tournaments BLAST Premier because of the war in Ukraine, initiated by the country. The announcement was made by the organization itself and also involves the cancellation of the qualifiers BLAST Premier that would be made in the CIS (Commonwealth of Independent States) region. THE BLAST apologized to players in the region and recalled that he does not believe it is appropriate to hold the competition at this time.
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Apple 1b3j2x
A Apple announced that it has suspended the sale of all its products in Russia, thus following several companies that seek to distance themselves from Moscow. The company explained that it stopped exports to Russia last week and also limited access to some services, such as its payment solution. Apple Pay. In addition, applications of Russian state communication channels RT e Sputnik are no longer available for outside Russia.
Microsoft 4u5j18
A Microsoft announced last Friday (4) that it had suspended new sales of products and services in Russia. In addition, networks Russia Today (RT) e Sputnik, both financed by the Russian government, had their content taken from the news apps of the Microsoft and your apps removed from the store Windows.
Samsung 2y6c3s
A Samsung also announced the suspension of activities in Russia. With that, phones or chips of the brand will not be marketed in the country. The technology giant also announced donations of six million dollars for humanitarian aid in conflict-affected regions. The brand is the leader in the cell phone sector in Russia, with about 30% of the market, and it also has a television factory in the country.
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A Netflix announced that it will stop offering the streaming service on Russian territory starting this week. “Given the circumstances, we have decided to suspend our services in Russia”, the company said in a statement. The company did not specify what will happen to existing s in the country or when it will resume services in Russia.
Visa and Mastercard 1c7057
A View e MasterCard announced, last Saturday (5), the suspension of operations of their networks in Russia. In a press release, the Mastercard recalled that it has been operating in Russia for more than 25 years and that it will continue to work with regulators to make adjustments. According to the company, with the blockade, cards issued by Russian banks will no longer be ed by the network, and any Mastercard issued outside the country will not work at Russian merchants or ATMs.
Already View said it works with its customers and partners in Russia to close all transactions in the coming days. “Once completed, all card-initiated transactions View issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside Russia will no longer work within the Russian Federation”, informed the View, in a press release.
PayPal 4m4ge
Like View and Mastercard, PayPal also announced that it will suspend its services on Russian territory indefinitely. The communiqué was published on Twitter by Mykhailo Fedorov, Ukraine's Minister of Digital Transformation, who has been lobbying companies including Apple e Microsoft, to also cancel business in Russia.
According to a company spokesperson, the PayPal will continue to process withdrawals from customers in Russia “for a period”, ensuring compliance with laws and regulations. The Russians were no longer able to open new s in the PayPal a few days ago.
Airbnb 2t6t6b
The real estate rental company Airbnb decided to suspend its operations in Russia and Belarus. The company was yet another global brand to adopt measures against countries due to the invasion of Ukraine. The announcement was made by the company's CEO, Brian Chesky, in a post on Twitter. “People are booking Airbnbs in Ukraine where they don't intend to stay just to help the hosts”, he said.
The company also stated that its non-profit arm will provide free, temporary housing for up to 100 refugees.
Activision Blizzard, Epic Games and Nintendo 503969
Companies linked to the world of electronic games have also adopted strict postures in relation to Russia. More recently, the Activision, Epic Games e Nintendo announced the suspension of the sale of games in Russia, as well as microtransactions. In a statement on Twitter, the Epic Games said it is stopping marketing its games in Russia”in response to your invasion of Ukraine”. Even so, the company has announced that it will not block players from accessing its platform.
Already Activision Blizzard published a text in of the Ukrainians: “Over the past week, we have watched the news from Ukraine and the worsening humanitarian crisis that is unfolding. Our company's commitment is to help those impacted by this terrible violence and provide assistance in any way possible.”, said the company, which will also donate more than U.S. $ one thousand 300 for organizations responsible for humanitarian aid in Ukraine.
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A Cogent Communications, an internet backbone provider that routes data over intercontinental connections, has canceled contracts with Russian customers because of the war in Ukraine. The US-based company is one of the world's largest internet backbone providers and serves customers in 50 countries, including several high-profile Russian companies.
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Adidas 6w41d
A Adidas, the global sports equipment giant, announced the suspension of its sponsorship of the Russian Football Federation due to the invasion of Ukraine. In a statement, the company also condemned the conflicts on Ukrainian soil. “Adidas suspends, with immediate effect, its sponsorship of the Russian Football Federation”, declared the company, which in 2020 recorded 2,9% of its turnover in the region of Russia, Ukraine and countries of the former Soviet Union.
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Another market heavily impacted by the sanctions on the Russian government is the assembly of automotive vehicles. Several companies around the world have announced indefinite suspensions. Among the main ones are Ford, Volvo, General Motors, Honda, Mazda, BMW, Chery, Scania, Mitsubishi, Volkswagen, Toyota e Suzuki.
Furthermore, Russian companies such as AutoVaz, were also affected. As there are no components available for manufacturing, factories across the country are not producing a single car.
oil companies 701k5v
Oil companies also announced their withdrawal from the Russian market due to the attacks on Ukraine. The move involves four of the largest oil companies in the world: Shell, BP, Equinor e TotalEnergies. The boycott represents a loss of billions of dollars to the Russian market, making it one of the sectors most impacted by the sanctions.
Russia strikes back sanctions 1x483u
On Saturday, President Vladimir Putin said the sanctions applied by Western countries against Russia are akin to a declaration of war and warned that any attempt to impose a no-fly zone in Ukraine would amount to entering the conflict. In response to the boycotts he has been suffering, Putin ordered the blocking of social networks and barred media outlets from reporting what happens during the war.
On Friday (4), the Russian parliament ed a package of laws for those who publish false information in the country during the invasion of Ukraine. Since then, the war in the neighboring country has to be called a “special military operation”, which in practice is configured as a restriction on the circulation of information during the conflict.
News agencies and vehicles, such as the British with the BBC and the german Deutsche Welle, were blocked in the country. In addition, the Russian government has barred access to Facebook and other platforms Meta, as well as access to Twitter. The blockade is a response to what the Russian government has called censorship of Russian media on digital platforms, after some social networks announced limitations on Russian state media outlets.
balance of war 254q39
According to United Nations (UN), but of 360 civilians have been killed so far in Ukraine since the start of the Russian invasion on 24 February. Of this total, 25 are children. There are also another 759 injured. In addition, Russia has already launched around 600 missiles since the beginning of the invasion of Ukraine and used 95% of troops that it had positioned on the borders before the outbreak of the conflict, according to the Reuters Agency.
See also:
Amid the explosion of fake news about the war in Ukraine, check it out how social networks have been working to combat false information circulating on the internet.
Sources: CNN Brazil, Valor Econômico, Reuters.
