Boycott of Russia and Belarus
As of 2 July 2022[update], the Yale School of Management recorded more than 1,000 companies withdrawing or divesting themselves from Russia, either as a result of sanctions or in protest of Russian actions.
[1] Ukrainian National Agency on Corruption Prevention maintains a list called International Sponsors of War that includes companies and individuals still doing business with Russia.
[3] Many companies were not impacted by sanctions against Russia but ruled in favor of cutting ties with the country either due to the public pressure or in protest of the Russian government's actions, or both.
[7][8] As a result of the latter, several commentators have warned of an unprecedented economic collapse in Russia's future, citing a 30% drop in the ruble's value, a 20% rise in interest rates and a 1% GDP expansion down from 1.7%.
[16][17][18][19][20] Anthony Pompliano has defended cryptocurrency trading platforms for not participating in the boycott, stating "there is an incredible amount of inhumanity that goes into the decision to cut off the average citizen from the global financial system.
"[21] Critics of the Israeli government have pointed out that several American politicians who support isolating Russia economically previously campaigned for and passed anti-BDS laws punishing boycotts of Israel.
According to Olympic historians David Wallechinsky and Bill Mallon, the decision can be considered a turning point when compared to past leniency over the state-sponsored doping programme in Russia or the attempted abduction of Krystsina Tsimanouskaya by Belarus.
[26][27] In addition to cancelling planned appearances in Russia, several entertainment organisations with Russian members began to scrutinise their past support for Putin.
[28] However, Czech former Detroit Red Wings and Ottawa Senators goaltender Dominik Hašek responded to Ovechkin and criticized him for his past support of Putin, stating "What!?
On July 1, 2022, Putin signed a decree to allow the government to seize the Sakhalin-2 oil and natural gas project but further attempts to formally nationalize the assets of international firms were paused when the bill did not make it through the State Duma before the 2022 summer recess.
[360] A petition to withdraw international support from Russian satellite navigation system GLONASS and boycott the platform has been proposed by Polish engineer Daniel Kucharski from University of Texas at Austin and signed by tens of thousands of individuals.
[537] Regarding the cultural boycott, Patrick West wrote that many parts had become a vehicle for Russophobia, notably an incident in which the University of Milano-Bicocca in Italy considered cancelling a course on Dostoyevski but ultimately did not.
[540] Discussing these issues, the communications coordinator for Diem25 expressed regret that Netflix was suspending its adaptation of Anna Karenina due to the involvement of a Russian production company.
[541] Business professor Stanislav Markus has suggested that boycotts of Russia might expand to include more countries as the companies involved become increasingly comfortable with deglobalisation.
