Current Affairs Ukraine

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This is Lavrov remember…the talks will be along the lines of, remove the sanctions, let us get away with Ukraine, and we won’t bomb Finland……unless he’s got Putins head in a box I doubt anything will come of it…but who knows, maybe miracles do happen……
Lavrov is the poker-faced monstrosity who spent an entire speech lying to the UNCHR the other day - or at least the members of the committee who didn't just walk out in protest at the start of his tirade.

He is Putin's nodding dog, and very much complicit.
 
Closing luxury stores on Sunday...this will shock many on Monday morning.


Several leading luxury brands, including Hermes, the Cartier owner Richemont, LVMH, Kering and Chanel, announced they will temporarily close stores and halt business operations in Russia.

“Given our increasing concerns about the current situation, the growing uncertainty and the complexity to operate, Chanel decided to temporarily pause its business in Russia,” the French luxury fashion house said in a post on LinkedIn.

More from Reuters:

Luxury giant LVMH, which owns such brands as Christian Dior, Givenchy, Kenzo, TAG Heuer and Bulgari among others, will close its 124 boutiques in Russia from Sunday but will continue to pay the salaries for its 3,500 employees in the country, a spokesperson told Reuters.

French multinational Kering, whose brands include brands as Gucci, Saint Laurent, Bottega Veneta and Boucheron among others, has two shops and 180 employees, which the company will continue to support.

While affluent Russians are keen consumers of luxury goods, analysts say the proportion of luxury sales generated from Russian nationals is small compared to the industry’s main growth engines, China and the United States.

Richemont, which also owns Dunhill, Jaeger-LeCoultre, Montblanc, Piaget, and Van Cleef & Arpels among other brands, has around a dozen directly operated stores, mostly in Moscow. It said in a statement it had suspended commercial activities in Russia on March 3 after stopping Ukraine operations on Feb. 24, the day Russia launched its invasion.
Another one


Even without the bank sanctions the number of job losses for ordinary citizens are mounting along with declining income for property owners without tenants.
 
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