in

Billions Trapped in Russia!

Click this link to check out the Hot & Savory range from Huel: https://rebrand.ly/patrickboyle use the discount code PATRICK15 to get $15 off if you spend more than $50. With your first order you receive a free Huel shaker and T shirt. #ad @huel

A large number of western firms have continued to operate and invest in Russia since Putin’s invasion of Ukraine. These companies are estimated to have earned profits of around $20 billion dollars since the invasion. The problem for these companies is that the Kremlin has blocked them from accessing those profits in an effort to clamp down on companies from what they call “unfriendly nations.” Will these companies be able to repatriate these profits at some point in the future?

Patrick’s Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC

Ways To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle

Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle

Patrick Boyle On Finance Podcast:
Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0b
Apple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313
Google Podcasts: https://tinyurl.com/62862nve

Join this channel to support making this content:
https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Yale List of Companies Leaving and Staying in Russia: https://www.yalerussianbusinessretreat.com/

Written by Patrick Boyle

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

32 Comments

  1. This faux war is artificially constructed and companies know the truth. Beside the import evasion through Kyrgyzstan (and others), also realize that almost no company really left Russia; They simply renamed their stores locally but kept the logos (such as McDonalds) or they kept he colors such as fashion stores, or kept iconic markings such as the coca cola font on their renamed bottles.

  2. Let me bring attention to Perun's point about sanctions. Even though exports to Russia may now be routed through other countries, it will still be much more expensive and therefore will still hurt the Russian economy and war effort. E.g., importing finished cars from Kyrgyzstan to strip them from their chips (etc.), is way more expensive due to costs to Kyrgyzstani middle men and the useless left over car.

    This video even gives one example with broken down oil ship.

  3. La chose la plus intelligente à laquelle tout le monde devrait penser en ce moment devrait être d’investir dans différentes sources de revenus qui ne dépendent pas du gouvernement. Surtout avec la crise économique actuelle dans le monde. C'est encore le bon moment pour investir dans l'or, l'argent et les monnaies numériques (BTC ETH…)

NATO Head ADMITS To Provoking Russia Into Ukraine War

NATO Head ADMITS To Provoking Russia Into Ukraine War

Reaction To Jimmy Dores TRUTH At The United Nations

Reaction To Jimmy Dore’s TRUTH At The United Nations