Western Companies Ditch Plans to Leave Russia | Vantage with Palki Sharma

Western Companies Ditch Plans to Leave Russia | Vantage with Palki Sharma

Many Western businesses that promised to exit Russia after the Ukraine invasion of 2022 have reportedly shelved those plans. While more than 380 Western firms have abandoned their Russian operations, around 2,000 of them are yet to do so. Russia's strict measures like exit taxes and discounts on asset sales have forced Western firms to rethink their decision. This U-turn also raises questions about the effectiveness of Western sanctions. Though Russia is said to be under 14,000 sanctions, their economy is poised to outperform the US, France, Germany and Britain. How has Putin managed to achieve this? Palki Sharma tells you.

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Western Businesses | Russia | Exit Plans | Trade | Sanctions | Europe | Firstpost | World News | Vantage | Palki Sharma

#westernbusinesses #russia #exitplans #trade #sanctions #europe #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Moabi]

The "global south" should learn from Russia and make themselves sanction proof. 😂

[vervetech]

It's crazy how one man is getting multiple western leaders so riled up 😂

[MrMassari]

My man Putin Had pan A, B, C, D 🤣🤣🤣

[Gachango-mrxq]

Strong, no nonsense, charismatic leader, God bless him & his people.

[galaxy-tcsd]

india needs to make itself independent of western countries. 20 years down the line it will be treated same way they're treating China and Russia. west needs only pawns not partners.

[Moabi]

🤦🏾‍♂️😂😂😂😂😂 this was predictable. They never wanted to leave and those who left regret it because they have lost market share to China and others. Weatern arrogance has backfired.

[ronaldthompson]

Top leadership at the highest level. Hats off for Russian President Vladimir Putin.

[vegneshhere]

Putin did not fear of Sanctions, Indeed Sanctions Feared from Putin. 😂😂😂.. Hope he has more plans E, F, G, H till Z. 😜😜

[mucholangs]

The west still sees itself as being in charge. But they're only living on the legacy of the past. Other countries have wised up, and developed ways to insulate themselves against western bullying.

This is why old tactics like sanctions don't work too well anymore. Africa is also abandoning the west, and pivoting to Asia.

[nmrxpvq]

That is the genius of Putin! Russia is so lucky to have him!

[collinsfonge]

I love the way and manner in which Palki Sharma is reporting... God bless you Palki Sharma

[dahirdubow]

What a great leader congratulations to the most capable and able leader who said no hogwash

[orhankaris]

I believe I can achieve all I want it's just matter of time. I invest more, spend less now I have a net worth of $3.6m

[evanske]

Putin had plan BC&D😂😂😂 Had to play that on repeat

[prestonyoung]

Money always overcomes morals in these companies.

[trandyz]

That Plan B, C, D got me... I think I have learnt something from Putin

[nirajshrestha]

You cannot sanction the place where there are abundant natural resources. especially europe has got no or limited natural resources. cannot survive without those natural resources.

[jamesmatipwiri]

World economy doesn't like artificial disturbances. It fights back to strike balance.

[douglascooper]

Ol' Pooty is playing 3 dimensional Chess, while the West plays Checkers.🙄

[rogeralvarado]

That's because the Russian President is a great leader.