Russian Invasion of Ukraine Elicits Swift Response from Global Business

Summary

(March 3, 2022) The United States and other governments around the world have wasted no time condemning Russian President Vladimir Putin and sanctioning Russia over its unprovoked war on neighboring Ukraine. In a sign of the deeply unified opposition to the military aggression, famously neutral Switzerland, a banking haven for Russian oligarchs, announced it would freeze Russian financial assets inside the country.