The international community agrees: Vladimir Putin is in the penalty box.
According to Fox News, “In the days following the announcement that he had authorized invading the neighbor country, entities ranging from world leaders to small business owners are consistently attempting to squeeze Russia out of the global economy.”
“On Saturday, the United States, Canada and other European allies released a joint statement announcing that ‘selected’ Russian banks would be removed from the SWIFT financial system.”
“If one of these de-SWIFTED and Russian banks wants to make or receive a payment with a bank outside of Russia, such as a bank in Asia, it will now need to use the telephone or a fax machine. And in all likelihood most banks around the world will simply stop transacting altogether with Russian banks that are removed from SWIFT,” a senior Biden administration official said.
The EU has also stepped up, sending $500 million in weapons and ammunition to Ukraine and barring Russian planes from entering EU airspace.
“Our airspace will be closed to every Russian plane – and that includes the private jets of oligarchs,” der Leyen said. “This will apply to any plane owned, chartered or otherwise controlled by a Russian legal or natural person.”
“Even if you’re a business that doesn’t care about anything except making money, the last thing you want to be doing is go there. You go to lots of other places to do your business, you don’t need to go there,” Retired CIA Senior Clandestine Services Officer Dan Hoffman told Fox News.
“Oil companies are also taking action against Putin, as BP announced Sunday it is dropping its stake in Russian energy company Rosneft, in which it has a 19.75% stake, according to its chief executive, Bernard Looney. He will also resign from the Rosneft board,” according to Fox news.
“I am convinced that the decisions we have taken as a board are not only the right thing to do, but are also in the long-term interests of bp,” Looney said in a statement. “Our immediate priority is caring for our great people in the region and we will do our utmost to support them.”
Read the full report over at Fox News:
Putin painted into a corner as world leaders, major companies and even some of his people turn against himhttps://t.co/WdNHA4vncQ
— Fox News (@FoxNews) February 28, 2022