ABC News (Australia) published this video item, entitled “Publishing the growing list of businesses exiting Russia | ABC News” – below is their description.
Rio Tinto, McDonalds and EY are all part of a growing list of companies cutting ties with Russia. Yale Professor Jeffrey Sonnenfeld explains why he started publishing a list of the multinationals exiting the country, and makes clear what businesses can expect if they stay.
ABC News (Australia) YouTube Channel
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About This Source - ABC News (Australia)
The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.
Rio Tinto Group, RIO (ASX), is an Anglo-Australian multinational and the world’s second largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium.
Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.