Singapore VC Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall


“We are not making this decision lightly. Mastercard has been operating in Russia for over 25 years. We have almost 200 colleagues there, which makes this company so critical for many stakeholders. As we take these steps, we will continue to focus on theirs. security and welfare, including continuing to provide pay and benefits. When appropriate, and if permitted by law, we will use their passion and creativity to work to restore operations. ” (Mastercard statement on suspension of services in Russia) … “We are forced to act after Russia’s unprovoked invasion of Ukraine, and the unacceptable events we witnessed,” said Al Kelly, president and CEO of Visa Inc. “We deplore the impact this will have on our esteemed colleagues, and on the customers, partners, merchants and cardholders we serve in Russia. This war and the continuing threat to peace and stability require that we respond accordingly. to our values. ” (Visa CEO and President Al Kelly) … “Mr Servo says the key to understanding Mr Putin is his inflexible belief that Russia is a” great global power “and that Russia’s sphere of influence should extend to as many of the former Soviet republics as possible.” there is a state more important to him than Ukraine. ‘”(The Wall Street Journal interview with Russian expert Robert Service) … How important is that? Historically, economic sanctions have tended to be porous: Countries are finding solutions, greatly reducing their effectiveness. But a funny thing happened in this case. So far, economic pressure against Russia appears to be very effective, crippling Russian trade even in goods that have not been officially subject to sanctions. (The New York Times columnist Paul Krugman)



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