Banana7

No Rubles, Thai baht, USD, or Euros.

Russians can still get back to Moscow using Etihad airways. Flight EY63 from AUH to SVO. Etihad has BKK and HKT to AUH flights daily. Next available flight in economy one way on March 10, 28,885 baht. Prices are fluctuating widely, up to 134,620 baht. Cash ONLY, no Rubles.

Any Russians use Aeroflot to Thailand? Aeroflot, Russia’s largest airline, will suspend all flights abroad from March 8 — except flights to Minsk, Belarus — Russian state news agency RIA Novosti reported Saturday. Passengers with return tickets to Russia will not be allowed on international flights from March 6 if the departing flight is scheduled from March 8 “to mitigate the risks of impossibility to use return flights to Russia,” according to the report.

There will be some yachts, mansions, apartments, condos up for auction soon, but all in the high-end luxury range? Get your bidding paddle ready.

Russian ruble continues to decline. From xe.com,1 USD = 116.997 RUB, 1 RUB = 0.00854724 USD, Mar 4, 2022, 18:10 UTC. Many big western companies are stopping production, sales, support or started divesting of assets in Russia. Including: Airbnb, FedEx, Volkswagen, Toyota, Ford, GM, Oracle, Apple, Spotify, IKEA, Nike, H&M, Accenture, Airbus and others. Tens of thousands of Russians will be unemployed/idled. Maybe these unemployed will start to protest? One story here: https://www.marketwatch.com/articles/volkswagen-spotify-apple-leave-russia-ukraine-war-51646330316?mod=newsviewer_click What was Putin thinking? Doesn't look like a genius anymore.

Getting back on Topic, news media now report about 27,000 Russian tourists are stranded throughout the world, unable to get back to Russia because Russian airlines or Russian operated flights are forbidden from EU, Canadian, USA and other air spaces. Reports of 17,000 Russians stranded in Dominican Republic. Sabre Corp. on Thursday said it terminated its distribution agreement with Russia’s Aeroflot, a move that Europe’s Amadeus followed suit. Aeroflot’s flights won’t show up on online travel agencies or other third-party sites. Aerospace manufacturers, Boeing, General Electric and others, have suspended parts distribution and service agreements with Russia. More details here: https://www.cnbc.com/2022/03/03/airline-software-giant-sabre-ends-service-with-russias-aeroflot-crippling-carriers-ability-to-sell-seats.html

It seems every day gasoline, gasohol and diesel fuel prices increase. Today at one station in Pattaya, per liter prices are: diesel 30.94 standard, diesel premium 37.46, 95 regular 38.55, 95 super 46.04, 91 regular 38.28. Thai government promised to keep diesel at 30B per liter or less. News media are reporting that the sanctions have led to a de facto ban on Russian oil. An estimated 4.3 million barrels per day of Russian oil is "missing from the market because Western buyers are refusing to buy it,". Banks, even the Bank of China, are refusing to extend credit to anyone wanting to finance the purchase of Russian oil. Some tankers are even refusing to load anything at Russian ports or carry Russian oil. Insurance companies are refusing to insure Russian oil cargo. Refiners are refusing to buy Russian oil. Russian crude oil for sale — at a huge discount of $18.60 below Brent, but nobody is buying. NYMEX WTI today is $113.71 at 09:49 ET. Some predicting WTI $150 soon.

XE com exchange rate: 1 USD = 112.726 RUB 1 RUB = 0.00887104 USD Last updated Mar 4, 2022, 14:25 UTC

Now there are reports that 27,000 Russian tourists are stranded throughout the world due their flights back to Russia being canceled because Russian owned or operated aircraft have been banned from EU, Canadian, USA airspace. About 17,000 Russians are stranded in Dominican Republic, because of no flights and some are running out of money or credit cards no longer working.

In the near future, Thailand will find itself on the wrong side of US, western companies and investment funds because of its lack of action in the Ukraine Russia war and Thailand continuing to operate companies (like PTT) in Myanmar providing the Junta funds for weapons to end democracy in Myanmar. Many of the world’s best known brands — from Apple to Mercedes-Benz and BP are closing operations in Russia. No multinational, wants to be caught on the wrong side of U.S. and Western sanctions. Read here all the companies closing down operations in Russia. https://apnews.com/article/russia-ukraine-vladimir-putin-business-europe-lifestyle-ca0aabe1c4a8fb3fbc0baec76a9c5666 Slowly but surely, investment will directed away from Thailand because of their close association with tyrants of civilization.

Well there is rising trend in Western investment called ESG. ESG stands for Environmental Social and Governance, and refers to the three key factors when measuring the sustainability and ethical impact of an investment in a business or company. Most socially responsible investors check companies. It's no longer all about profit at any cost, its also about how you operate getting that profit. This is why BP oil is selling its business in Russia, after building it for 30 years. Many other Western companies are also pulling out of Russia. NASDAQ exchange says ESG investing is worth trillions of dollars, and increasing very quickly. When we look at Thailand's ESG, the score is going down, especially in social and governance. Things like law 112, arrest of people for demonstrating against government issues, corruption, especially in government, allowing rich people avoid justice like Red Bull, high air pollution, human trafficking (estimated at U$12 billion a year), etc. etc. will make ESG investor elsewhere.

There are lots of Thai companies in Myanmar, like PTT, big business investments. Thailand wants to avoid being cutoff from Myanmar oil and gas. Also the Thai military have ties to Myanmar military ( they collaborate and socialize together), so there would be resistance to anything militarily against Myanmar. It's all about money and profit from Myanmar.

There is a Facebook group move out of Thailand, or something like that. Many are disgusted with the current government, the current law 112 and see no hope that Thailand will get a decent government who promotes freedom of speech, democracy and justice for all. For many Thai, going to an operational theater of war is better than having a life in Thailand.

It is now abundantly clear that Thailand has distinctly different moral, legal and political values than western countries. Western countries have been tricked to invest and help develop Thailand. Western businesses, governments and investment funds should withdraw existing investments and avoid further investment in Thailand, due to their "neutral" view of the Ukraine Russian war of 2022. Thailand remains silent and "neutral" on the outrageous violation of international law by Russia, the immoral use of war weapons to slaughter Ukrainian civilians and Russian political lies to the UN general assembly. How can Thai politicians sleep at night when another country is being destroyed and its people are slaughtered by Russia?

Thailand will soon start to pay the price for their "neutral" position. Western companies are withdrawing investments from Russia, and soon they will be canceling or reducing investments in Thailand since Thailand hasn't acknowledged the illegal, and immoral actions of Russia.

Not only is the Russian Ukraine war disrupting Thailand plans to revive the tourism sector, Thailand's "neutral" position on the war, as stated by the Prime Minister, will lead western companies to review their investments in Thailand, and cancel future investments or reduce current investments. Western companies will reduce or stop purchasing Thai products Thailand has shown its colours and now will start to feel the pain of sitting on the fence.

Since Thailand Prime Minister has said Thailand is "neutral" on the issue of the Russian invasion of Ukraine, it speaks directly to values of the Thai government's position of international law, morality and political position. This public revelation will make international funds, western companies consider avoiding further investment in Thailand, and divesting from Thailand.

Here you have it direct from the PM, Thailand is "neutral". Thailand will do nothing! They haven't figured out how to make money going one way or the other.

There we see it, Thailand will not do or say anything when they see horrendous international law violations, outrageous immoral actions and behaviour and unspeakable international political actions. Just nothing from Thailand because they can't see how to make money from supporting the legal, moral and proper political position.

Russians in Pattaya without money will be okay, can always contact the local Russian mafia for a loan.

Russians here in Pattaya without money will be okay, just contact the local Russian mafia for a loan.

Finally, the sanctions are starting to bite! Russians here without money will be okay, just contact the local Russian mafia for a loan.

Now Russians and Ukrainians are encountering financial issues here in Thailand. Story starts here:

The need Ukrainian help is immediate. If the Thai government does nothing but talk by this weekend, they are supporting Russia.

What action is the Thai government taking against Russia for invading Ukraine? What Russia has done, is illegal by international law, immoral and unacceptable politically. Thailand does nothing but talk, and think about how to make more money.