My Investing Muse

Below is the list of companies that have curtailed Russian operations updated as of 9th March 2022.  In general, we can expect their future earnings (from Russia) to be affected.  This could lead to affected earnings, assets write off & lowered profitability due to their Russian exposure.   It is important to ascertain the companies' exposure to Russia and establish a proper view of their coming earnings.  It will not be surprising for some companies to "hide" behind the Russian exposure when it is down to their own "failures" and mismanagement . Business Opportunities in Russia and Ukraine With the needs created from the exiting or suspended businesses, local businesses, other businesses and countries could stand to gain.  Looking through the list, I am "relieved" that a good number of businesses have chosen to suspend their business over exiting the Russian market.  I do not think that war is right but how far should we punish the citizens for ...

Following the Ukraine crisis, Russia has been hit with various sanctions from the international community.  The war spread from the streets of Ukraine to news, cyberspace and also the markets.  The sanctions included removing Russian banks from the SWIFT system for international payments and freezing the assets of Russian companies & oligarchs in & outside Russia.   Due to globalization , there are also much collateral damages that have been inflicted to the various companies due to boycott, business suspensions and closures in Russia.   Here are some of the market impacts I compiled from various news sources (like Yahoo, Fortune.com, The Guardian, etc):    Russians rushed to withdraw their savings - taken from business insider. Russian central bank was denied access to its US$630 billion (£473 billion) of foreign reserves.   Ratings agencies have either cut Russia’s credit rating to junk status or signalled that they may do so soon . Th...