Russia Gets a Red Card

       

The UEFA pulled the 2022 Champions League final out of Russia, taking its ball and going to France instead for the event. Ukrainian and Russian teams will play their games at neutral locations. Hopefully, they don’t have a match against each other.

Other sports are pulling out of upcoming events, and the International Olympic Committee wants more to cancel games, races, matches in Russia and Belarus.

While this isn’t going to hurt Russia as real sanctions will, sports sanctions are a way for these organizations to show their opposition of/horror for Russia’s invasion of Ukraine. (It’s also a good way to stay out of the line of fire.)

Eurovision is showing its teeth too. After first saying they would allow Russia to compete in the song contest, the European Broadcasting Union (EBU) reversed that decision in a statement: “No Russian act will participate in this year’s Eurovision Song Contest. The decision reflects concern that, in light of the unprecedented crisis in Ukraine, the inclusion of a Russian entry in this year’s Contest would bring the competition into disrepute.”

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top