https://www.yahoo.com/finance/news/the-companies-taking-action-on-the-russia-ukraine-war-so-far-215851239.html
5 replies (most recent on top)
They are now. No worries most of these companies want to virtue signal but mostly doing business in russia now is not feasible. Russia was kicked out if swift and so what that means are all the regular citizens in russia have been debanked. Hard to buy a car now much less parts to make them cars.
On cue, Ford announced this afternoon that it's immediately suspending the JV operations with Sollers. Guess they can say bye-bye to the Transit over there and circa $1B revenue claims over here.
It'll be no surprise when the virtue signalling management follows BP's complete write-off of Russian holdings to the tune of $25B and ignore the realities that will be present in the post-war world. I expect all three jo--t ventures will be written off and for next year's AICP we'll be told we (the NA employees) asked for that money to be thrown out the window.
Not enough melanin or alphabet people affected by it yet.
Because for now the WEF told Billy to hold off.