Western Companies Ditch Plans to Leave Russia | Vantage with Palki Sharma

Western Companies Ditch Plans to Leave Russia | Vantage with Palki Sharma Many Western businesses that promised to exit Russia after the Ukraine invasion of 2022 have reportedly shelved those plans. While more than 380 Western firms have abandoned their Russian operations, around 2,000 of them are yet to do so. Russia’s strict measures like exit taxes and discounts on asset sales have forced Western firms to rethink their decision. This U-turn also raises questions about the effectiveness of Western sanctions. Though Russia is said to be under 14,000 sanctions, their economy is poised to outperform the US, France, Germany and Britain. How has Putin managed to achieve this? Palki Sharma tells you. --- Western Businesses | Russia | Exit Plans | Trade | Sanctions | Europe | Firstpost | World News | Vantage | Palki Sharma #westernbusinesses #russia #exitplans #trade #sanctions #europe #firstpost #vantageonfirstpost #palkisharma #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. ​ Subscribe to Firstpost channel and press the bell icon to get notified when we go live. @Firstpost Follow Firstpost on Instagram: Follow Firstpost on Facebook: Follow Firstpost on Twitter: Follow Firstpost on WhatsApp: