Western Union stopped serving money transfers to Russia and Belarus

Money transfer company Western Union announced the termination of work in Russia and Belarus in connection with the Russian invasion of Ukraine.

At the same time, the company announced that it would continue to provide maximum assistance to residents of Ukraine and refugees, including donations and exemption from commissions for money transfers.

Also today, the first of Wall Street’s leading banks, Goldman Sachs, whose investments in Russian assets are estimated at $650 million, announced their withdrawal from Russia.

The largest hedge fund Blackrock excluded Russia from its investment fund of the largest emerging countries, turning BRIC (Brazil, Russia, India and China) into BIC. Accordingly, the fund stopped tracking Russian assets.

By Editor

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