One by One, Global Companies are Cutting Their Ties to Russia
Friday, March 4th, 2022
Companies from Apple to Exxon Mobil are either exiting or cutting their investments in Russia, adding to the country's economic pain following its invasion of Ukraine.
Russia is buckling under a raft of severe wide-ranging sanctions imposed by the U.S. and its allies. They have restricted the country's access to its overseas currency reserves and barred many of its banks from SWIFT, a global network that financial firms use to conduct transactions.
Read more at GPB.
