Military invasion of Putin’s forces in Ukraine causes a series of negative effects on stability of Russia and its leaders. For this reason, the main European and world organizationsas European Union or United Nationsas well as the authorities of several countries, they force drastic sanctions against the interests of the Kremlin, which they perceive “declaration of war” by the Westaccording to Russian authorities.

For now, The economic and administrative blockade in Russia continues to grow based on the movement of Russian fighters on Ukrainian soil, to the point of local currency, ruble, has had an unrecorded accident. Only, imposition of punishment is the only tool available to the West to try to reduce the negative effects of a military invasion, because it cannot intervene directly, because Ukraine is not a registered member of NATO.

Economic sanctions and blocking of the SWIFT system

European Union, United Kingdom, United States and Canada jointly decided to exclude various Russian banks from SWIFT financial system. Next, this key detrimental to state financial institutionsbecause they will be left out of all financial transactions and movement of payments around the world.

Only, Sberbank and Gazprombanktwo of the most powerful banking entities in the country, have been rescued from the exception due to gthey emphasize their payments for energy goods, such as oil or natural gas, which was purchased on the territory of Russia. However, The European Union does not rule out the imposition of restrictions on these two brands.

Other sanctions against Russia’s financial sector are freezing of assets of the Central Bank of Russia in the European Union, UK, USA and Canadawhich has led to the ban of all kinds global transactions with the country’s main economic reserves. Also, another action that has been taken together is closure of airspace for all airlines from Russia.

The United States has implemented measures against Russia’s financial stabilityas well as the statement a “black list” on everything related to the figure of Vladimir Putin. Likewise, Joe Biden, President of the United States, assured that it would follow the role of the European Union, through confiscation of yachts or apartments, as the organization has done.

Addition, Visa and Mastercard have suspended all their operations in Russiadirectly affects the daily life of the residents as they cannot make payments with them or even withdraw cash at ATMs.

Russia broke up with big brands

The advance of Russian troops in Ukraine led to withdrawal of big brands and companies, who have ordered the departure of their companies from the country. For example, in the technology sector Apple or Microsoft have ended the production and sale of their products on Russian soil, as well as the refusal of large manufacturers, such as Sony, Warner Bros and Paramountto promote their films and series in the country. netflix, one of the most important streaming services in the world, confirmed the withdrawal of all agreed original production in Russia.

In addition, companies in the automotive sector, such as: General Motors, Audi, Harley Davidson or Volkswagen They have crippled their vehicle sales across the region. Even, Google and Facebook has completely vetoed acceptance Russian media, such as RT News or news agencies, Russia Today and Sputnik. The fashion sector has suffered a setback in Russia, due to big brands, including Nike, Adidas, Zara or Mangohas announced closing of all its stores and termination of sponsorship with Russian organizations.

Russian sport is in serious decline

Vladimir Putin’s decision to launch a military invasion of Ukraine it is very detrimental to the world of sportsbecause in a week they lose the possibility of hosting Formula 1 race, Champions League final in Saint Petersburg or the next Volleyball World Cup celebration.

Especially, sanctions have hit Russian athletes and clubsbecause some will not be able to compete with the name of their own country or organization they have denied that teams participate in the competition, as UEFA, FIFA and the Euroleague have done. The most drastic measure is the denial that the Russian national team participated in the next World Cup.

Similarly, the cultural sector has also been affected, by excluding Russia from the next Eurovision contestas well as boycott of genuine Russian cinema led by the European Film Academy. As well, some conductors have to suspend their performances due to rejection by major European theaters because invasion of troops on Ukrainian soil.