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It’s hilarious to watch these companies that are supposed to be making money try to manage the fact that they have all of this pressure to sacrifice money for a bizarre morality campaign.
French boomers are probably clever enough to remember the fact that Ukraine was a part of Russia a few years ago. They are also in Europe, so closer to this history.
But of course, their country is run by a World Economic Forum “young leader,” and besides that, they always have to bow to America.
French carmaker Renault has announced it will suspend operations at its Moscow factory over Russia’s invasion of Ukraine.
The company was one of the few international businesses to have restarted operations at its Russia factory this week.
That drew the ire of Ukrainian President Volodymyr Zelenskyy, who called on Renault and other French companies operating in the country to “stop being sponsors of Russia’s war machine” during his address to French lawmakers on Wednesday.
Ukrainian Foreign Minister Dmytro Kuleba also called for a global boycott of the company.
After Renault’s decision to halt production, Kuleba said that Renault had made the “responsible” decision.
I welcome @renaultgroup’s statement on cessation of industrial activities in Russia. Responsible move against the backdrop of Russia’s ongoing barbaric aggression against Ukraine. https://t.co/8LFGoGz94e
— Dmytro Kuleba (@DmytroKuleba) March 23, 2022
What did Renault say?
The company released a statement to say it was halting “activities in its manufacturing plant in Moscow” on Wednesday.
It added it was looking at “available options” when it came to its partnership with Russia’s largest car company, AvtoVAZ.
Renault has a 69% stake in the company, which leaves it more vulnerable to the Russian market than other competitors. Russia accounts for 8% of its core earnings, according to Citibank.
The French always do this thing – “we’re not going to do that just because Americans told us to do it.”
Then they always end up doing it.
The French are portrayed as traditionally libertine, and maybe that is true in some ways, sort of, but they were the last Western holdouts on this gay thing (unless you include Ireland).
But they ended up going all in on that.
