Jeffrey Sonnenfeld, a professor at the Yale business school in Connecticut, USA, has been studying the social development of companies for 45 years and admits that he was surprised by the sectors that took the first step out of Russia. He went on to create a continually updated list of companies doing business in Russia and the position they took after the war in Ukraine began on February 24. Today there are about 1,200 companies that have somehow stopped doing business in that country.
The Yale professor is one of the most critical voices of Russia, he has studied the evolution of the economy of that country and guarantees that it is not as Russia tries to make us believe. The ruble recovered, but with artificial interventions and lack of liquidity in the markets. But there are concrete signs that, according to Jeffrey Sonnenfeld, show an economy in trouble. It remains to be seen, he concludes, when the Russian population reaches the point of saying enough is enough.
The blow that the invasion of Ukraine is dealing to the Russian economy (and how Putin tries to hide it)
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Source: Observadora
