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Friday, April 29, 2022

NOKIA Leaving Russian Market

Late to this.  We will at least have some measures about how global sanctions work and further change global business.

Ukraine War Update: Nokia to fully exit the Russian market  via SeekingAlpha

Apr. 12, 2022 3:55 PM ETNOK   By: Yoel Minkoff, SA News Editor305 Comments

Here are the latest headlines in the Russia-Ukraine crisis:

Nokia to completely exit the Russian market

Finnish telecom giant Nokia (NOK) announced plans Tuesday to completely exit the Russian market. NOK, which previously took such steps as suspending deliveries and moving R&D operations out of Russia, said a complete cessation of business there shouldn't impact the firm's previously announced 2022 outlook.

Putin says talks are at a 'dead end'

Vladimir Putin said peace talks with Ukraine are "at a dead end" and that Russia's military operation is going according to plan, Bloomberg reported. Ukrainian presidential adviser Mykhailo Podolyak said talks continue and Russia is trying to put pressure on peace negotiations.

Ukraine war will curb trade, growth - WTO

In the latest grim economic outlook to emerge, the Geneva-based trade body pointed to multiple uncertainties in its forecast over the next two years because Russian and Ukrainian exports of items like food, oil and fertilizers are under threat from the war.

Chemical weapons?

As Russia prepares for a significant new offensive in eastern Ukraine, allegations have surfaced that Ukrainians in the besieged city of Mariupol came under a Russian chemical weapons attack on Monday. The Azov battalion claimed a Russian drone dropped a "poisonous substance of unknown origin" on troops and civilians, while Ukrainian lawmaker Ivanna Klympush said people were suffering from respiratory failure and neurological problems. No independent evidence of the attack has yet emerged, though Pentagon spokesman John Kirby said the U.S. will "continue to monitor the situation closely." .... ' 

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