Since the beginning of Russia’s invasion of Ukraine, the world has reacted from all sides to contain greater damage and stop the conflicts as soon as possible. From global financial sanctions to the simplest entertainment, dozens of brands have announced the partial or definitive withdrawal of shares in Putin’s lands.
Such boycotts are being updated by the minute and have already announced that they will bring great impact to the rest of the world. Check out the highlights of companies that have announced support for Ukraine:
Social networks
After the announcement of blocking the Twitter and Facebook platforms, the TikTok jumped on the bandwagon and banned new content in the country due to fake news laws. Messaging services, however, will continue to be live.
2/ In light of Russia’s new ‘fake news’ law, we have no choice but to suspend livestreaming and new content to our video service while we review the safety implications of this law. Our in-app messaging service will not be affected.
– TikTokComms (@TikTokComms) March 6, 2022
entertainment and sport
Russians will also find it difficult to find fun. Championships, streamings, cinema… everything was affected. Some of the companies positioning themselves were:
- Disney, Paramount, Sony e Warner: Prohibition of new launches in the country;
- Netflix: Total suspension of service;
- Winter Paralympics 2022: Suspension of Russian athletes from the competition;
- FIFA: No World Cup or any tournament until “further notice”;
- Spotify: Closing of Russian offices and state agencies.
Market
Even the shopping became difficult for the Russians. Among internationally famous brands that announced total or partial withdrawal from operations in the country are:
- Amazon;
- Nike;
- Adidas;
- SHE;
- Toyota;
- Apple;
- Coca Cola;
- Danone;
- Intel.
Economy
Suspensions of aid to Russia carried out by the world Bank they were just the tip of the iceberg that is likely to sink further and further for Putin economically. Virtually isolated from the rest of the world and with the abstention of its biggest ally, China, the country is likely to face a major crisis in the future. Among the companies that decided to suspend activities in the country are:
- Visa;
- Mastercard;
- PayPal;
- American Express.
Who are the undecided?
Not everyone has decided to follow the trend and is still confused or unbiased about boycott attitudes. models of franchise, for example, find it more difficult to close establishments, in addition to the financial issue, of course. In the group of those who decided to stay are:
- McDonald’s: Given that 9% of the restaurant’s revenue is in Russia, a boycott could be critical for the company;
- Starbucks;
- Pepsi;
- Starlink: Elon Musk’s company continues by speech in defense of the billionaire’s freedom of expression.
the negative side
Even with the sanctions tied to a strong message of peace, some see the measures as a mistake that could bring greater problems in the future. Paulo Roberto Soares, a member of a Russian organization in Brazil, says that this scenario can lead to a picture of intense xenophobia against Russian citizens who often do not support their country’s war.
“When we talk about artists who make a living from it, this causes financial and reputational problems, because they are treated like criminals for not having expressed an opinion, or else not having expressed ‘the correct opinion’ from the Western perspective”, Paulo said in an interview with Capital letter.
Another criticism was directed at countries with a history of attacks and disproportionate violence in conflicts, such as the United States. Critics claim that no such severe measures are taken when they commit humanitarian atrocities. Even so, the sanctions seem far from over, and the Russian bill is getting more expensive every day.
The post Boycotts to Russia: Check the list of companies that dropped out appeared first on DNEWS.