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International companies pull out of Russia following invasion of Ukraine

April 13, 2022
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Several multinational corporations are pulling out or suspending business in Russia following its invasion of Ukraine. John Quelch, dean of the Herbert Business School at the University of Miami, spoke with CBS News’ Tanya Rivero and Jericka Duncan about how the latest sanctions are impacting the Russian economy, and what these businesses’ withdrawal means for the country.

#News #Economy #Ukraine

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.

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Tags: Dean John QuelchDean Quelchenergy costsEuropean Uniongasgas pricesHerbert business schoolKremlinMoneyWatchOilpresident bidenRublerussia sanctionsrussia-ukraine conflictrussian economysanctionsUkraineUniversity of MiamiVladimir PutinWar in Ukraine
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