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Stock impact report

Ukraine to drop Russia business blacklist after backlash [Yahoo! Finance]

RAIFFEISEN BK IN UNSP/ADR (RAIFY) 
NASDAQ:AMEX Investor Relations: rbinternational.com/ir
Company Research Source: Yahoo! Finance
Kyiv seeks to maintain fragile international support By Tom Balmforth and John O'Donnell KYIV/BERLIN, March 22 (Reuters) - Ukraine will scrap its "sponsors of war" blacklist, the centrepiece of its campaign to pressure companies doing business in Russia, on Friday, after a backlash from countries from to Austria to China, two people familiar with the matter said. The end of the blacklist, which has embarrassed around 50 major companies identified as operating in Russia and indirectly helping the Kremlin's war in Ukraine, represents a climbdown by Kyiv as it seeks to maintain fragile international support. Critics say the name-and-shame campaign was brash and subjective, while backers say it laid bare how industry stayed loyal to Moscow. The people said Ukraine would scrap not only the list, but a related website that gives detailed information about individuals under Western sanctions, companies and the origin of Russian weapons parts. B4Ukraine, a coalition of civil soci Show less Read more
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