Discussion #3: Sanctions Against Russia (USA, EU & its Allies)
Review the following Videos and Yale website and other sources before discussing the questions:
1. “These are Putin’s Sanctions”: Understanding the Economic Sanctions Against Russia (CBS 60 minutes (14mts)
https://www.youtube.com/watch?v=l_x2LQZOzF8
2. How Western Sanctions are Affecting the Lives of Russians (PBS, 8mts):
https://www.youtube.com/watch?v=xoT5qv2Bz80
3. US, G7 and EU Sanctions against Russia
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193
4. Yale University School of Management (Chief Executive Leadership Institute, Weblink).
https://som.yale.edu/story/2022/over-1000-companies-have-curtailed-operations-russia-some-remain
https://www.yalerussianbusinessretreat.com/
After reviewing the videos and articles on sanctions, review the YALE CELI compilations of companies that responded to Russian sanctions. After studying the Yale website carefully, discuss the following issues.
Note: Post your own perspectives . Credit will be given for documenting additional sources used.
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1. Discuss why the USA, G7, and EU member countries decided to impose economic against Russia and analyze if those sanctions will force Russia to withdraw from Ukraine.
2. Discuss why the world is divided as two-thirds of the world (like India, China, South Africa, etc.) continue doing business with Russia.
3. Review the Yale School of Management CELI website and choose any of the US multinationals that exited from Russia (Yale graded as A) and another US or European Company that either did only partially or not (Yale graded as C, D or F)?; Discuss why companies behave differently when it comes to the question of exiting a market?