The war in Ukraine prompts business interests to exit Russia


Russia’s invasion of Ukraine has forced nearly two million people out of Ukraine, according to the UN Refugee Agency. Frightened and uncertain about their future, they cross over borders into neighbouring countries to escape the bombings and bloodshed.

Meanwhile, a different type of exodus occurs in Russia. Many companies and investors have decided to cut back, or suspend, their activities in Russia. Others have chosen to leave altogether, which could have a lasting impact on the country’s economy.