Immediately following the Russian invasion of Ukraine in February 2022, about a dozen businesses cut ties with the nation in a show of solidarity with the people of Ukraine. The United States and our NATO allies swiftly imposed severe sanctions against Russia, as well as against Russian business leaders, politicians, and Vladimir Putin himself.

Professor Jeffrey Sonnenfeld and his team, sparked by the volunteered withdrawal from private businesses, began reporting on those 12 companies, leading to a frenzy of other companies exiting Russia or claiming to. The list Professor Sonnenfeld and his team created grew to 75, then 500, and is now at 1300 companies, with 1100 of those no longer conducting business with Russia in some form. Jim McCann, chairman of Clarim Media, the parent company of Worth media interviews Jeffrey Sonnenfeld and Steven Tian on How the Russian Economy is Crumbling under Sanctions and Business Pressure.