by Beth Holmes | Oct 17, 2022 | Companies, News
Nissan will sell its business holdings in Russia to a state-held entity for the token price of 1 euro after being forced to cease production in the country. The transfer will cost Nissan Motor Co Ltd an estimated 687 million in USD, but the agreement gives Nissan the...
by Beth Holmes | Apr 11, 2022 | Companies, News, Social Media, Technology
Wikipedia, the massive volunteer-run encyclopedia, is being threatened by the Russian government with large fines if they don’t censor information about the Russian invasion of Ukraine. On March 1st, Wikipedia’s Russia site editors were sent a memo from...
by Beth Holmes | Mar 21, 2022 | Companies, News
McDonald’s closes over eight hundred stores in Russia, leaving the country entirely in response to the Russian war in Ukraine. In 1990, only two months after the fall of the Berlin Wall, McDonald’s was the first American restaurant chain to enter the...
by Beth Holmes | Mar 14, 2022 | Companies, News
Shell announced on Tuesday that they will stop buying oil products from Russia after heavy criticism over their purchase last week of a large shipment of Russian crude oil. The only thing that will change immediately for Shell is a full stop on buying Russian oil on...
by Beth Holmes | Mar 7, 2022 | News
The ruble is in dire trouble as sanctions hit Russia hard, causing a run on the banks as Western sanctions threaten the international assets of all Russian citizens. Last Tuesday, February 22, the Russian ruble was worth just under 0.013USD, or 1.3 cents, about where...
