So na their money Russia dey use sponsor the war, these Ukrainian leaders are retardssss…. Most of the ones wey leave sef go still come back, nah ppl wey Dey give am weapons, na dem still Dey buy market from Russia directly or indirectly…. Daft na understatement

This news though. I randomly picked some company.

- Pfizer will maintain humanitarian supply of medicines to Russians and donate all proceeds to providing direct humanitarian support to the people of Ukraine

Danone - oct 14. Danone to shed Russian dairy business with 1 bln euro write-off

22nd of July. HSBC quits Russia after sell-off of local unit

Sept 22. Air Liquide announces its plan to disengage from Russia
E.t.c.

This defence of Ukraine people should take it easy with this their cancellation effort. It takes time for companies to completely exit as they are losing mo.ey invested in infrastructures in the process. Alot on that list have either left or are already leaving or planning to leave.

US Quietly Asks Banks to Keep Some Ties With Russia, Even as Congress Balks
Treasury, State prod JPMorgan, Citi to bank some Russian firms
Congress lambasted banks for continuing to do work in country

Jamie DimonPhotographer: Al Drago/Bloomberg
ByHannah Levitt and Jennifer Surane+Follow
November 7, 2022, 6:05 PM GMT+1
JPMorgan Chase & Co. CEO Jamie Dimon was in the hot seat.

Deep into a seven-hour congressional hearing on Sept. 21, Representative Brad Sherman, a Democrat from California, pressed Dimon on whether his bank would sever ties with Russian companies including energy giant Gazprom PJSC.

Banks like Dimon’s, Sherman argued, were exploiting a sanctions loophole to keep doing business in Russia despite its invasion of Ukraine.

“We are following the instructions of the American government as they asked us to do it,” Dimon responded before Sherman cut him off, setting his sights on Citigroup Inc.’s Jane Fraser with a similar inquiry.

The exchange put on display how the country’s largest banks are caught in the push-pull between the Biden administration and Congress on sanctions. Behind the scenes, the Treasury and State Departments have urged banking giants including JPMorgan and Citigroup to keep doing business with certain strategic Russian firms, according to people familiar with the situation.

The quiet effort is part of the administration’s push to minimize adverse impacts of the sanctions regime designed to punish Russia. While some in Congress pound the table for stronger measures against Russia, the administration is trying to hinder Russia’s advances while avoiding a global economic catastrophe.

“Congress needs to understand this -- the US government has not imposed a comprehensive embargo with Russia, there’s still pockets of business that are allowed,” Nnedinma Ifudu Nweke, an attorney who specializes in US economic sanctions and trade embargoes at Akin Gump Strauss Hauer & Feld LLP, said in an interview.

The Treasury Department “will continue to have meetings to educate banks on those pockets of allowable transactions, especially in the humanitarian space,” Nweke said.

The Biden administration has repeatedly said it wants banks and businesses to keep the money flowing to non-sanctioned sectors of Russia’s economy. But the extent of its conversations with the banks hasn’t been previously reported.

Treasury and State Department officials have called on lenders to continue offering basic services such as US dollar settlement, payment transfers and trade finance offerings for those Russian companies exempt from certain aspects of sanctions such as Gazprom or fertilizer producers Uralkali PJSC or PhosAgro PJSC, the people said.

The back and forth highlights the balance both banks and the government must maintain in denying President Vladimir Putin the money he needs to fund the invasion while stemming broader economic shocks.

Banks are expected to enforce restrictions by denying services to sanctioned banks, people and entities, and can be punished with multibillion-dollar fines for failing to comply.

At the same time, they’re also central to keeping money flowing around the globe, even as they’re largely retreating from Russia.