Ukraine News Updated Daily
Victory Day May 9 is an annual holiday celebrating the defeat of the Nazis in Europe at the end of World War II but in 2022 Putin has nothing to celebrate. It is also a memorial day in Russia in remembrance of the 27 million Soviets who died in World War II and was an…
What the Ukraine War Cost Russia is everything that Putin has been building up over the past 22 years, apparently with the primary goal of getting control over the Eastern Ukraine. Russian Economy Will Go Into Recession The cost of the war and the impact of the resulting boycott and economic sanctions against Russia will…
Technology Sanctions will Cripple Russia because Russia is not self enough, and many contemporary technology is dependent on extra parts, technical support, and in many cases, connections with external support systems through the Web. Technology aside, payments in foreign currency for ongoing trade with Russia will be tough due to the financial sanctions on Russian…
Germany Cutting Russian Energy Imports of Oil, Natural Gas, and Coal – As part of sanctions against Russia, German Vice Chancellor Robert Habeck revealed that imports of fuel from Russia are being cut at an accelerated rate: Germany Cutting Russian Energy Imports will be a major financial and political setback for Russia Coal imports from…
The world rethinks globalization as the pandemic, war, sanctions, and punitive tariffs have disrupted supply chains and ended what were once smooth relationships between companies and their suppliers and customers. SHUTTING OFF RUSSIAN GAS WILL BRING PAIN TO EUROPE AND THE REST OF THE WORLD Europe has learned that turning away from reliable base load…
Companies withdraw from Russia in reaction to Russia’s war with Ukraine Many companies have stopped doing business with Russia, inside Russia, or both: Some companies have actually closed down their stores or other operations within Russia Some companies have stopped exporting goods to or purchasing products from Russia Other companies that process financial transactions or…
Oil sanctions against Russia will be difficult to attain since Russia is among the leading 3 oil producers, in addition to USA and Saudi Arabia, and replacing the oil currently provided by Russia will be impossible in the short term and will require challenging choices in the long term. An immediate world boycott of Russian…
Smirnoff vodka is made in Illinois and is owned by Diago, an openly traded British business. Stolichnaya vodka is bottled in Latvia, by a business headquartered in Luxembourg owned by a Russian billionaire who left Russia when Putin increased to power, however it is stated to utilize alcohol that is distilled in Tambov, Russia. Arguably,…
Mateusz Morawiecki PM of Poland in Berlin Prompts “Crushing Sanctions” on Russia Prime Minister Mateusz Morawiecki of Poland spoke in Berlin, requiring “Crushing Sanctions” against Russia and speedy and united action from all countries to oppose Russia’s intrusion of Ukraine. He requires an overall cutoff of Russia from the SWIFT monetary payments network and an…