More sanctions for Russia. The US credit card firm American Express announced this Sunday that it will suspend its operations in Russia and its ally Belarus. The decision comes as a response to the “unjustified” invasion of Ukraine by Vladimir Putin’s regime.
“In light of the unjustified attack underway on Russia against the people of UkraineAmerican Express suspends all operations in Russia”, the company said in a statement and joined its peers, Visa and MasterCard, which also suspended their operations on the eve.
The moves are “in addition to previous steps we have taken, which include stopping our relationships with banks in Russia affected by US government and international sanctions,” it added.
In addition, he stated that they are suspending their operations in Belarus. In this way, American Express cards will stop working in shops or ATMs.
With information from Bloomberg and AFP
Source: Larepublica
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