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Do consumers rely on sanctioned companies?

by AlexenioP » Wed Mar 27, 2024 1:49 pm

Hello, despite the sanctions, some companies are still operating in Russia. These companies provide jobs and services. Could their complete departure harm the workers and consumers who rely on these companies for their livelihoods? How important is it to consider the ethical implications of supporting such companies?
Posts: 92

Re: Do consumers rely on sanctioned companies?

by LambertoKol » Wed Mar 27, 2024 1:50 pm

Hi! The European Union, the United States, and other Western countries have imposed a series of sanctions targeting Russia's financial, energy, and defense sectors for its aggression against Ukraine as an independent state. These measures include bans on companies doing business in russia asset freezes, and restrictions on access to capital markets. The main goal was to put pressure on the Russian government to change its behavior in Ukraine and respect international norms.
Posts: 84

Re: Do consumers rely on sanctioned companies?

by AlexenioP » Wed Mar 27, 2024 1:51 pm

I agree that it is extremely important to have an open discussion of ethical issues affecting companies that continue to operate in Russia. While some companies may have good reasons to stay, it is important for consumers to be informed and consider the consequences of their choices.
Posts: 92

Re: Do consumers rely on sanctioned companies?

by Rexas » Wed Mar 27, 2024 1:59 pm

Sounds informative... the decision to support these companies is a complex ethical dilemma that requires careful consideration of the broader context and consequences.
Posts: 60

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