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These are the corporations that have pulled out of Russia since its invasion of Ukraine

These are the corporations that have pulled out of Russia since its invasion of Ukraine

CBSN
Tuesday, March 08, 2022 06:53:15 PM UTC

Car shipments were paused. Beer stopped flowing. Cargo ships dropped port calls, and oil companies cut their pipelines.

Russia's invasion of Ukraine is leading some of the world's best known brands — from Apple to Disney and Ikea — to abruptly exit a country that's become a global outcast.

"You basically have Russia becoming a commercial pariah," said economist Mary Lovely, a senior fellow at the Peterson Institute for International Economics in Washington. "Pretty much no company, no multinational, wants to be caught on the wrong side of U.S. and Western sanctions."

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