American Visa and Mastercard suspended their activities in the Russian Federation due to US sanctions, which have given immediate growth and excellent business opportunities for Chinese Union pay Cards as well Russian Mir cards.
In a democracy freedom of expression is a basic right. As a society we are entitled to hear different point of views. Shutting down news sources, targeting and sanctioning journalists I think is the wrong way to go. Unfortunately, it is happening sometimes in the US and Europe. Donald Trump had to have his own news outlet as much as Elon Mask. It is a shame where we are today. Unfortunately, American Democracy has been loosing its right course rapidly for the last few decades to say the least.
Russia-Ukraine world crisis helped Russia to gain more than double of its income from Oil and Gas sold to Europe and other countries since Feb 24, 2022
Before the Russia-Ukraine World crisis. Russia used to sell to Europe (sometimes still) Oil, Gas, coal, fertilizers and other products. Russia received the proceeds of money and buy with it all kinds of products mainly from Europe. Sanctioning selling and buying is hurting Europe 2 times once on the energy side and secondly loosing sales in the lucrative Russian Market of all kind of products.
to the dollar. Back to pre-Ukraine crisis Feb 24, 2022. If this trend continues then it means sanctions against Russia are helping Russia and hurting Europe.
The weapon of sanctions is becoming costly on all sides. It is worth to note that Russia is energy sufficient with Oil, gas, nuclear, hydro, coal etc in addition to abundance of water supply and agriculture production. I wonder how can European countries manage their situation. We shall wait and see.