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BlackRock Strategists Say Traders Are Wrong on Fed’s Rate Path

Reuters

Analysis-Russian workers face new reality as Ukraine war sanctions sap job prospects

The phone call telling Oleksandr Kyryliuk he was losing his job came just hours after Russian troops stormed into Ukraine. “On Feb. 24, we all woke up to a new reality,” said 33-year-old Kyryliuk, who had worked for the British company since 2018, growing sales of its bottled beers across Russia, Ukraine and neighbouring countries. Ironically, Kyryliuk is Ukrainian, one of millions of people from across the ex-Soviet Union who moved to Moscow to seek work but are now caught up in the aftermath of the Vladimir Putin’s invasion.

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