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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?
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Yale List of Companies Leaving and Staying in Russia: https://www.yalerussianbusinessretreat.com/
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Wait, Raiffeisen is Austrian? Shows again how little you think about the things you consider familiar.
Comment for community- I want Patrick to own a top hat 🎩.
Your pronounciation of Raiffeisen is beautiful
It is Kyiv and not Kiev, this the pronunciation is a bit different. Still, very nice to hear alma mater’s title on YouTube
I think the worst thing to do is pull out all together and turn Russia into a giant North Korea.
lie with dogs-expect fleas
Why should companies lose money just because their governments decided to punish Russia? Will their governments compensate their losses?
So the moral of this is money is more important than human lives. Nothing changes.
Insane that Chinese companies still aren’t sanctioned for entering Russia and even selling weapons to them
Woke Pepsi , who tried to use western protest in their advertising doesn't mind making a profit off of a genocidal nation. Well you do surprise me. This must be great advertising for them.
So, if Patrick knows all of this, then surely our intelligence agencies and policy wings of government know about this. Why isn't the western world doing more to discourage these embargo evasions?
Those that got "blocked" in Russia are thinking it is over with the west libtard stupidity.
US : puts sanctions
Other countries: hold by sanctioned beer 😂😂😂
In gas and oil the "steady decline" of Russia is with a "sharp increase" of the price. The buyers and sellers are the same.
I already wondered why Huel was in the Back…
But I mean I Like Them too, though I prefer the "Powder" because it's More Cost efficient.
It is amazing how "western" analysts can see how the Russian economy performs. If you are retarded you can also imagine how they know such facts.
lol the thumbnail.
Either Pakistani rupee is doing better against dollar than i thought or someone forgot to add it to the list 7:58
Given how central the conquering of neighbors is to Russia's identity, and the widespread support for Russia's policy, I would call it "Russia's invasion", and not "Putin's invasion".
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.
Precisely
Imagine permanently crippling your company and ceding your market and physical equipment because a corrupt coke fiend and his money laundering friends in America told you to.
Follow the bananas…
Kyiv not Kiyev, please ♥
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.
Who wants plant based processed food
This is so reminiscent of what happened in Russia 100 years ago.
7:56 – HKD is "emerging market" and falling against the dollar (despite peg)….wtf?
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…)
Nice video I really appreciate that,… everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
14:48 oh NATO is worried about the risk of oil spills … while blowing up gas pipelines on the seabed.
Don't spit on our brains pls, not you.