Priceless
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No eBay for you!
https://www.newsweek.com/russia-ukraine-paypal-technology-war-putin-shut-1685193
PayPal has become the latest financial and technology company to shut down its operations in Russia following the invasion of Ukraine.
The company's president Dan Schulman said that his company "stands with the international community" in condemning Russia's invasion and that "under the current circumstances we are suspending PayPal services in Russia."
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This is a pretty good way for Putin to prove that the West really does hate Russian citizens and that WWIII is the answer.
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@Aqua-Letifer said in Priceless:
This is a pretty good way for Putin to prove that the West really does hate Russian citizens and that WWIII is the answer.
https://www.washingtonpost.com/world/2022/03/05/russia-ukraine-war-news-live-updates/
In his first extended remarks about the war since the invasion began, Putin said Saturday that international sanctions against Moscow put “the future of Ukrainian statehood” at risk and are “a means of fighting against Russia,” like a “declaration of war.”
Ukrainian officials accused Russia of breaching a temporary truce in the southern cities of Mariupol and Volnovakha — meant to allow people to flee the battle zone — less than three hours after both sides were supposed to have ceased fire.
Russia’s relentless assault has put parts of Ukraine under siege, with basic necessities undeliverable and Ukrainians prevented from leaving. Besieged areas needed the cease-fire to restore basic services such as electricity, heat and tap water, Ukrainian officials said, and to bring in medical supplies that Russia’s blockades have cut off. The lack of necessities is compounding what local leaders have called a humanitarian “catastrophe.”
Ukrainian President Volodymyr Zelensky spoke directly with U.S. lawmakers Saturday, pleading with them to support Ukraine’s call for “control of the skies” to fend off Russian airstrikes.The obligatory descent into whataboutism.
And invading a nation on your border is not such a declaration, придурок.
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UnionPay
https://www.reuters.com/business/finance/russian-banks-rush-switch-chinese-card-system-2022-03-06/
I hope China's not all that crazy.
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@Aqua-Letifer said in Priceless:
UnionPay
https://www.reuters.com/business/finance/russian-banks-rush-switch-chinese-card-system-2022-03-06/
I hope China's not all that crazy.
They are totally batshit crazy…
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Is there money in it for the Chinese?
The CCP may care more about leveraging this development to achieve their geopolitical goals, whatever they are, more than they care about making money from running bankcard transactions for Russia. Not that I know for sure, it just looks to me that with Russian‘s comparatively small economy, the money from running Russia’s bankcard operations would be negligible compared to China‘s own economy.
This Visa/MasterCard boycott is yet another market tool that, while may be effective at punishing an economically weak Russia, may not be effective at all if you try to do that same against China — it will be much more costly for Visa/MasterCard to give up revenues from their operations in China, and China has its own payment card networks that are more popular than Visa/MasterCard anyway.