Love is blind: Deepti Vempati’s brother calls her ex Shake Chatterjee a clown after a shocking finale

Spoiler warning! Love Is Blind star Deepti Vempati’s brother calls her ex-boyfriend Shake Chatterjee a “loser” after a bombshell finale: “Stay the hell away from my sister”

  • Contains spoilers for the latest episode of Netflix Love Is Blind










Deepti Vempati’s brother has revealed that he is “proud” of her for leaving former fiancé Abhishek “Shake” Chatterjee as an alternative to Friday’s Love Is Blind finale.

After watching his sister try to find love in the hit reality series Netflix, in which couples seek love and get engaged before they meet in person, the brother of the 31-year-old reality star, Sunny Wempati and his partner Hina, called Shake for ‘making some horrible and disgusting comments about her.’

“Deep, we are so incredibly proud of you !!!” We have witnessed how you grow into such an amazing and beautiful woman, you have inspired so many people to realize their own worth and demand what they deserve, and to be satisfied with nothing less, “the couple began in a statement on Instagram.

Finished: Deepti Vempati's brother reveals that he is

Finished: Deepti Vempati’s brother reveals that he is “proud” of her for leaving ex-fiancé Abhishek “Shake” Chatterjee as an alternative to Friday’s Love Is Blind finale

They continued: “We want you not to choose this [clown] but in spite of his childhood, you behaved with grace and continued to see the good in people.

Nodding at Shake’s remarks that he wasn’t attracted to Deepty, Sunny said she didn’t usually get involved in “drama,” but she had to defend her sister.

“Bru, you’re a loser,” he shot. “You minimized my sister’s life by making some horrible and ugly comments about her.” You made these statements, knowing that your own mother would one day watch it; my parents and my whole family had to talk to you behind my sister’s back about the insecurities she has struggled with all her life.

Speaking: After watching his sister try to find love in the hit reality series Netflix, in which couples seek love and get engaged before meeting in person, the brother of the 31-year-old reality star, Sunny Vempati and his partner Hina, called out Shake for

Speaking: After watching his sister try to find love in the hit reality series Netflix, in which couples seek love and get engaged before meeting in person, the brother of the 31-year-old reality star, Sunny Vempati and his partner Hina, called out Shake for “making some horrible and disgusting comments about her”

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“Deep, we are so incredibly proud of you !!!” We have witnessed how you grow into such an amazing and beautiful woman, you have inspired so many people to realize their own worth and demand what they deserve, and to be satisfied with nothing less, “the couple began in a statement on Instagram; (left to right) Shake and Deepty get engaged in the second season of Love Is Blind

Sunny continued: “Despite your comments in front of and off the camera about her body, she continued to support you only, despite our best efforts to convince her to see through your BS. This is the person she is.

“Despite all your efforts to pretend that all this was made up and due to” editing “, no one forced you to say those words. We welcome you into our home and you see it as an opportunity for influence; so forgive me if I am not sympathetic to you and the hatred you receive, “he concluded.

In his last sentence, Sunny wrote, “Good luck for the rest of your life and stay the hell away from my sister.”

The family no longer approves: In his last sentence, Sunny wrote,

The family no longer approves: In his last sentence, Sunny wrote, “Good luck for the rest of your life and stay the hell with my sister.”

Choosing herself: Deepty and Shake broke up on their wedding day after she decided she deserved

Choosing herself: Deepty and Shake broke up on their wedding day after she decided she deserved “someone who knows for sure” that he was in love with her

Deepti approved her brother’s statement, which she repeated in her Instagram Story on Sunday.

“The love and support of my family is incomparable,” she said.

Deepty and Shake broke up on their wedding day after she decided she deserved “someone who knows for sure” that he was in love with her.

Still on the market: Deepti approved her brother's statement, which she repeated in her Instagram Story on Sunday with the caption:

Still on the market: Deepti approved her brother’s statement, which she repeated in her Instagram Story on Sunday with the caption: “The love and support from my family is incomparable”

Love is blind: Deepti Vempati’s brother calls her ex Shake Chatterjee a clown after a shocking finale Read More »

NFL mock draft 2022 – Mel Kiper’s predictions for all 32 first-round picks, with two trade projections and a new No. 1

My first mock for the 2022 NFL draft was all the way back in mid-January, before we knew the Bengals and Rams would shake up the first-round order and make it all the way to Super Bowl LVI. It was also before the Senior Bowl, where a few prospects dominated and impressed scouts.

Time for mock draft No. 2 for picks 1-32, where I project who each team will select based on a combination of my rankings — I have a new Big Board with updates at every position — pre-free-agency needs and what I’m hearing from execs, scouts and coaches in the league. Free agency kicks off in two weeks, which could shake up how we see the top of the board, so keep that in mind as you scan each selection. We’re still waiting for a few potential quarterback moves, too.

We’ll have a big NFL combine preview later this week, and a few top prospects already have said they won’t be participating in the on-field workouts. The things that happen off the field at the combine are just as important, though, as teams can interview prospects and get to know them.

The order for the first round is set, but we’re still waiting for the league to confirm all of the compensatory picks for the rest of the draft. Check out our one-hour SportsCenter Special on ESPN2 and ESPN+ Tuesday at 5 p.m. ET to see me explain each pick — and see my pal Todd McShay question them. Let’s start with the Jags at No. 1, and I’m also going to project two trades in the top 20:

More NFL draft coverage:
Rankings | McShay’s mock 2.0
First Draft podcast | Latest news

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Ikem Ekwonu, OT, NC State

Offensive tackle or edge rusher here? I don’t think the Jaguars are set either way. Realistically, this is down to four prospects: Ekwonu, Evan Neal, Aidan Hutchinson and Kayvon Thibodeaux. New coach Doug Pederson and the Jags will get an opportunity to meet with each of them at the combine. They’ll get a front seat to all four on-field workouts, of course, but what goes on behind the scenes matters just as much.

Ultimately, I lean toward Jacksonville getting protection for quarterback Trevor Lawrence, who struggled as a rookie. This could go the other way if the organization brings back Cam Robinson in free agency, but Ekwonu — who is a hot name among NFL teams — would be an immediate upgrade. If the Jags can protect Lawrence with Ekwonu on the left side and Walker Little on the right, they can begin to turn around the offense. As McShay mentioned in his latest mock, 2013 was the last time an offensive tackle went No. 1 overall (Eric Fisher to the Chiefs).


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Aidan Hutchinson, DE, Michigan

The Lions are in a great spot here, with a clear need at edge rusher and one of the best two prospects guaranteed to be available. Hutchinson is a local kid who just finished second in the voting for the Heisman Trophy, racking up 14 sacks and 19 total tackles for loss and dominating Big Ten offensive tackles. This is not just a sentimental pick because he went to Michigan; Hutchinson is an elite defender.

Detroit’s defense is still a few pieces away from being average — there are big questions in the secondary, too — but this should be a rush-to-the-podium selection.


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Evan Neal, OT, Alabama

This is an extremely tough pick to project before free agency, because the Texans have a barren roster with needs at most every position. And can you believe they have had only one first-round choice in the four drafts before this one? They have a long way to go to compete again in the AFC South.

If Houston really is tearing down its roster even further, that could mean trading a few key veterans, such as tackle Laremy Tunsil and wide receiver Brandin Cooks, and trying to add more picks. That opens a hole on the left side for Neal, a physical blocker with great feet. I don’t think the Texans could go wrong with high-upside pass-rusher Kayvon Thibodeaux, either, but they have to hit on the top guy on their board here.


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Kyle Hamilton, S, Notre Dame

I’m going to stick with Hamilton to the Jets, who were awful in the secondary in 2021 and could lose Marcus Maye in free agency. Because I know you’re thinking it, no, this is not too high to take a safety. Not a safety like Hamilton, who can make a massive impact against the run and pass. He had eight career interceptions at Notre Dame and could play multiple spots along the defense at the next level. Hamilton is a versatile playmaker who will make a defense better on Day 1. The Jets still have another first-round pick to try to improve their offense.


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Kayvon Thibodeaux, DE, Oregon

If the draft plays out like this and both of the top offensive tackles are off the board before the Giants pick, taking a defender makes the most sense. And if Thibodeaux is available, he’d be a perfect fit for a New York defense that needs to pair a true edge rusher with rookie Azeez Ojulari, who led the team with eight sacks last season. Thibodeaux has to improve his all-around game, but he has outstanding physical tools as a pass-rusher. He had seven sacks last season and put up the second-best pressure rate in the country (17.8%). If he comes close to his ceiling, he’ll make multiple All-Pro teams.

The Giants have some nice pieces to build around for new general manager Joe Schoen and coach Brian Daboll, but they’re not going to be able to acquire an edge rusher like Thibodeaux anywhere other than the draft. We could look back at this pick in five years and consider it a steal.


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Charles Cross, OT, Mississippi State

This is a tricky pick, especially since we don’t know yet whether the Panthers are going to acquire a veteran quarterback via trade or through free agency. Ultimately, this is a little too high for a quarterback based on my rankings because I don’t see any of them in this class as top-10 selections. So while I thought about a wide receiver to help Carolina’s offense — the 6-foot-5 Drake London could help any quarterback — let’s fill a need with an immediate starter.

Cross allowed just one sack in 2021, leveling up for a pass-happy Mississippi State offense that shows no mercy for linemen. He is a stellar pass-blocker as a left tackle.


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Devin Lloyd, ILB, Utah

With the Giants’ second top-10 pick, I’m going all-in on improving the front seven of the defense. Lloyd is a middle linebacker, yes, but he does so much more. He had 111 total tackles, eight sacks, 20 tackles for loss, four interceptions and a forced fumble last season. He had 16.5 total sacks over the past three seasons. Lloyd (and No. 5 pick Kayvon Thibodeaux) can add some pass-rush upside to a team that desperately needs it. If New York does take Lloyd here, that probably means Blake Martinez, who tore his ACL in September, will be a salary-cap casualty.

The Giants are going to have to address their offensive line at some point this offseason, and I also thought about center Tyler Linderbaum here.


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Ahmad “Sauce” Gardner, CB, Cincinnati

I’m going to stick with the same position for the Falcons at No. 8 but switch the prospect. Gardner is rising since the second half of the season and has a great shot at being the top corner in April’s draft. He allowed just eight catches for 60 yards in 13 games.

Why Gardner over Derek Stingley Jr.? NFL scouts just haven’t seen Stingley playing to his 2019 level over the past two seasons. He has a high ceiling, but he played in just three games in 2021 and was so-so in 2020. Stingley won’t work out at the combine, but he will have a chance to rise again if he puts up excellent testing numbers at his pro day. Gardner is a safer prospect at this point. This also is a spot to watch for an edge rusher, and the Falcons have an extra second-round pick because of the Julio Jones trade with Tennessee.


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Projected trade: Browns move up to get the top wideout

With the Jets lurking at No. 10, I could see the Browns making sure they get the best receiver in this class. In this scenario, the Browns could give up a third-round pick to move four spots, which should be enough to get a deal done.

From Denver’s perspective, this adds a valuable top-100 pick and still keeps it in the discussion for the best edge rushers in the class.


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Drake London, WR, USC

The Browns have a void at wide receiver and have to add better players around Baker Mayfield. He has shown that he can be an above-average NFL quarterback when he has help around him, and Cleveland should prioritize a top-tier pass-catcher in this draft. The team had just one receiver with more than 35 catches last season (Jarvis Landry with 52).

London is a 6-foot-5 aerial threat with the traits to be an end zone weapon. He averaged 11 catches and 136 yards per game last season, before he broke his ankle in late October. He would make Mayfield better.


nyj

Tyler Linderbaum, C, Iowa

This could be the sweet spot in the draft for Linderbaum, one of the best center prospects of the past decade. He’s a plug-and-play lineman who can do everything at a high level. The Jets have to get better in front of and around quarterback Zach Wilson, who didn’t have many bright spots as a rookie. Linderbaum is a step in that direction, though if wideout Drake London makes it to No. 10, he’d be a great fit.

I wouldn’t be shocked if New York added another defender here, too, particularly one of the edge rushers. With four picks in the top 38, general manager Joe Douglas should put multiple selections toward a D that had trouble at every level in 2021.


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Kenny Pickett, QB, Pitt

Washington’s defense took a step back in 2021, but it has a lot of talent invested on that side of the ball. That’s why I see the Commanders as the team most likely to target a quarterback in Round 1. Taylor Heinicke hasn’t shown that he can be a consistent, NFL-level starter; Pickett could be an upgrade.

This is still a little high for a quarterback based on my Big Board — I have Pickett and Malik Willis at Nos. 19 and 20, respectively — but the 24-year-old Pickett is ready to play in the NFL right now. I don’t think he’ll have to have the developmental time that Willis will need. Ron Rivera’s team could compete in the NFC East with competent quarterback play and Pickett could give them a chance. He’s going to be under the microscope at the combine, as we still don’t have an official hand size for him. He’s expected to have below 9-inch hands, which has been one of the benchmarks for quarterbacks. I’m curious to hear how he does in interviews with teams as well.

play

1:52

Todd McShay breaks down the best options at quarterback for the Commanders if they choose to draft one.


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Derek Stingley Jr., CB, LSU

New general manager Kwesi Adofo-Mensah and coach Kevin O’Connell inherit an aging defense from a front office that has had some notable first-round misses at cornerback in recent years, but that shouldn’t keep them from taking another swing. This is the position Minnesota needs most, and Stingley could be worth it.

Stingley needs to show NFL teams that he can get back to the way he played in 2019, when had six picks as a true freshman on LSU’s national title team. He won’t be working out at the combine, which means his off-field work there — interviews with teams — will be crucial.


den

Jermaine Johnson II, DE, Florida State

Johnson is one of the biggest risers of the past month; he dominated at the Senior Bowl, showing that his 12 sacks after transferring from Georgia weren’t a fluke. He destroyed offensive tackles in Mobile, Alabama. With Von Miller gone, this is a spot the Broncos can improve upon, especially with Bradley Chubb’s injury issues. They finished the season ranked last in the league in pass rush win rate. Johnson has a big frame (6-foot-4, 260 pounds) and can play with his hand in the dirt or on his feet in a 3-4 defense. I’m a fan.

Denver is a team to watch for the quarterbacks, but I still think it’s more likely that it adds one before the draft, either in free agency or via trade.


nobal

Projected trade: Saints make a jump for a pass-catcher

How about another trade here? We know the Saints are aggressive in the draft, as they once traded a future first-rounder to move up for edge rusher Marcus Davenport. This wouldn’t cost near that; it’d likely take a third-round pick to move up four spots, and New Orleans only has a compensatory selection in Round 3. The need at receiver is clear, however.

Baltimore loves to acquire extra picks and could stick to its board by moving down a few spots.


no

Garrett Wilson, WR, Ohio State

There are many questions around the post-Sean Payton era for the Saints, but it’s clear that the team has to add more weapons around whomever plays quarterback in 2022. Michael Thomas should be back after missing all of last season, and he could use a wideout to take some pressure off him. Wilson has the versatility to play in the slot or outside, and he can pile on yards after the catch. He had 113 catches and 18 touchdowns for the Buckeyes over the past two seasons.

If the Saints keep the No. 18 pick, offensive tackle could be in play, especially if Trevor Penning is available. Quarterback Malik Willis could be an option, too, but the Saints are more ready to try to win in 2022, and I think Willis needs a little more seasoning before he’s thrown into the fire in the NFL.


phi

Trent McDuffie, CB, Washington

Let’s fill some holes for Philadelphia, which has three first-round picks and problems at a few spots on its roster. The Eagles made a run to the playoffs last season, winning six of their final eight games, but their defense was exposed along the way. They allowed quarterbacks to complete a whopping 69.4% of their passes, which ranked last in the league.

McDuffie, who didn’t allow a single touchdown in coverage over the past two seasons, could play the spot opposite Darius Slay. He also has the ability to play out of the slot.


phi

David Ojabo, OLB, Michigan

The Eagles ranked 31st in the league with 29 sacks last season; they have to get better there. Getting pressure on the quarterback is a way to improve the entire defense. Ojabo is a pure pass-rusher who is still developing as a run defender. He had had 11 sacks and five forced fumbles, wreaking havoc opposite potential No. 1 pick Aidan Hutchinson. I’d feel better about taking Ojabo in the middle of Round 1 vs. the top 10 because he can get swallowed up in the run game, but his edge-rush upside is undeniable.


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Travon Walker, DE, Georgia

As I mentioned in my debut mock draft, the Chargers still haven’t fixed their yearslong issue defending the run, as they ranked 28th in the league in yards per carry (4.8). If you’re looking at a void to fill for a team that is right on the edge of playoff contention, this is a way to do it. The 280-pound Walker could be an ideal fit for L.A.’s 3-4 defense because he’s a good run defender who also has some pass-rush ability. He’s not a two-down player like his former Georgia teammate Jordan Davis; I think this is too high to take a nose tackle with a low ceiling for sacks. Walker had six for the national champs in 2021.


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Trevor Penning, OT, Northern Iowa

This should be offensive line all the way. Left tackle Ronnie Stanley has played in just seven games over the past two seasons because of an ankle injury, and there’s no guarantee he is going to get back to his 2019 level. Penning played left tackle for the Panthers, but he could slide over to the right side if Stanley returns healthy. Penning had a great Senior Bowl; he is a road grader in the run game who can plow over defenders. We know the Ravens want to run the ball, so Penning fits their style of play. Center Tyler Linderbaum also could be an option, if he is on the board.

And if Baltimore goes defense, instead, keep an eye on end Travon Walker, a versatile and disruptive player.


phi

Treylon Burks, WR, Arkansas

One more Round 1 selection for the Eagles, who I gave defenders at Nos. 15 and 16. This could be a spot to take another receiver, their third straight draft to take one in the first round. Jalen Reagor, the No. 21 pick in 2020, has underwhelmed — I thought it was a reach at the time — while DeVonta Smith, the No. 10 choice last year, had a good but not great rookie season.

I would get Jalen Hurts a different kind of receiver in Burks, who is big and physical (6-foot-3, 225 pounds) and could complement Smith’s speed. Burks had 1,104 yards and 11 touchdowns for the Razorbacks last season. I’m really curious to see his athletic testing numbers at the combine; it’s not out of the question that he rises even farther up the board.


pit

Malik Willis, QB, Liberty

Here’s a nice landing spot for Willis, whom I’ve mentioned will need some time to adjust to the speed of the NFL. He didn’t have a ton of talent around him at Liberty and he was sacked an FBS-high 51 times last season. He shouldn’t be asked to play in Week 1 in September. If he goes to Pittsburgh, he’ll compete with Mason Rudolph and Dwayne Haskins (and potentially another short-term veteran) and won’t be pressured to play immediately, though the Steelers aren’t going to rebuild in the post-Ben Roethlisberger era.

Willis is the most talented quarterback in this class, in my opinion, but he can be erratic with his accuracy. He has all of the tools to be successful, but he’ll need to be coached hard. If the Steelers don’t go with a signal-caller here, keep an eye out for offensive line.

play

1:38

Ryan Clark says the Steelers are not a Super Bowl contender if Mason Rudolph is the starting quarterback in 2022.


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Arnold Ebiketie, DE, Penn State

The Patriots got 12.5 sacks from free-agent pickup Matthew Judon last season, while Kyle Van Noy was second on the team with five. No other player had more than three. This front seven has to add an edge rusher, especially as it seems Bill Belichick & Co. don’t trust Chase Winovich, who played only 111 snaps last season, to take on a bigger role.

Ebiketie had 19 tackles for loss and 9.5 sacks last season, his first at Penn State after transferring from Temple. At 6-foot-3, 260 pounds, he could put on a few more pounds and add the position versatility that New England loves, shifting all along the defensive line. He has extremely long arms and can create leverage on his pass-rush moves. The Patriots also need to invest again at wide receiver, so I thought about one with this pick.


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Nakobe Dean, ILB, Georgia

The Raiders have a new regime under coach Josh McDaniels and general manager Dave Ziegler, and they have a clear void in the middle of their defense. If Dean is still available at No. 22, this is a no-brainer. His coaches at Georgia rave about his leadership skills and he’s a dominant off-ball linebacker on the field, too. He stuffed the stat sheet with 72 tackles, six sacks, two forced fumbles and two picks last season.

Cornerback and wide receiver are two other positions I considered for Las Vegas, which also has questions surrounding the future of quarterback Derek Carr, whose contract is up after the 2022 season.


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Chris Olave, WR, Ohio State

Sure, Arizona spent a second-round pick on Rondale Moore a year ago, but he’s more of a slot receiver who could be used in the run game, too. He averaged a staggeringly low 8.1 yards per catch on his 54 receptions, producing just 18 first downs. Think of Olave as more of a replacement for A.J. Green, who is a free agent. Olave can line up outside and run crisp routes to beat cornerbacks. He had 35 career touchdowns for the Buckeyes. This would be a selection to try to make Kyler Murray a little happier heading into an important season.


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George Karlaftis, DE, Purdue

As I mentioned in January when going through my first mock draft for this class, the Cowboys’ big list of free agents makes this a tough pick to project before April. They could have needs at all three levels of the defense depending on how free agency shakes out.

For now, let’s get them a defensive end who would allow Micah Parsons to play more snaps at linebacker. Karlaftis didn’t have eye-popping stats in 2021, but he is a good run defender who could get more sacks in the NFL than he had in college. He had just 4.5 last season. He’s tough and physical, though he doesn’t have the physical tools of a few other edge rushers in this class. Karlaftis’ athletic testing numbers at the combine will be closely watched.


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Devonte Wyatt, DT, Georgia

Here’s the third member of Georgia’s defense in my first-round mock, and that doesn’t even include massive nose tackle Jordan Davis, who has a chance to go in Round 1 to a team that runs a 3-4 D. Wyatt is a hulking 310-pound tackle who really impressed NFL teams at the Senior Bowl last month. He could play next to Ed Oliver and eat up blockers, allowing the linebackers more space to get to the ball. Wyatt, my new top-ranked defensive tackle, went a little under the radar in college because of the talent around him, but he’s a really promising prospect.


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Jahan Dotson, WR, Penn State

Julio Jones is 33, has played just 19 games over the past two seasons and has only four touchdowns over that span. Can the Titans really rely on him to be a great wideout next to A.J. Brown, who has had injury issues himself? I think they need to add an extra dimension for quarterback Ryan Tannehill, and Dotson has the versatility to align out of multiple spots. He had 91 catches for 1,182 yards and 12 touchdowns last season, and he could rack up yards after the catch to help Tannehill.

Another wideout to keep an eye on late in Round 1: Calvin Austin III, a 5-foot-9, 165-pound dynamo who could run a sub-4.4-second 40-yard dash this week. He is one of the most underrated prospects in this draft, and I don’t think it’s that off the wall to put him to Tennessee here. He had 74 catches for 1,149 yards and eight scores at Memphis last season.


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Zion Johnson, G/C, Boston College

The Bucs entered the offseason with several free-agent decisions to make, and they just added another hole with the retirement of underrated guard Ali Marpet. They could go several ways here, from offensive line to defensive line to corner. Johnson would be a pick to start at either guard or center, where Ryan Jensen is among the players set to hit the open market in a couple of weeks.

Johnson played both guard and tackle for the Eagles, but he had a dominant season at guard in 2021, where he didn’t allow a single quarterback pressure, much less a sack. He took some snaps at center at the Senior Bowl and showed that he could make the transition.


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Jameson Williams, WR, Alabama

The last time the Packers took a wide receiver in Round 1? It was Javon Walker all the way back in 2002. So why not another wideout 20 years later, one who could make Aaron Rodgers’ life easier (assuming he stays). Williams was my top-ranked receiver before he tore his ACL in the national title game in January, which means he might not be ready to play until late in the 2022 season. For a team expected to play well into January, though, he could be a great addition. Williams averaged 19.9 yards on his 79 catches last season and had 15 touchdowns. He’s super explosive. I love this fit both for team and player.


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Bernhard Raimann, OT, Central Michigan

Miami has a tackle problem. Austin Jackson, the No. 18 overall pick two years ago, had to move to guard because he couldn’t cut it outside. Liam Eichenberg, a second-round pick in 2021, was just OK as a rookie. The offensive line around Tua Tagovailoa just wasn’t good enough last season.

Raimann is a 6-foot-6, 305-pound former tight end who had a great 2021 season. He can move his feet in pass protection and anchor in the run game. He had some trouble at times with better prospects at the Senior Bowl, but I believe in his upside. He could play left or right tackle for Miami.


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Boye Mafe, OLB, Minnesota

I included Mafe (and Bernhard Raimann) on my list of potential first-round sleepers back in October, and he just keeps rising. He finished the season in a sack slump (one in his final five games), but he was phenomenal at the Senior Bowl, showing some power and finesse as an edge rusher. At 6-foot-3, 255 pounds, he can use his get-off speed to fly by tackles. Mafe has versatility as well, and he moved up to No. 3 in my outside linebacker rankings.

For the Chiefs, this is about getting younger and improving a pass rush that had only 31 sacks last season (29th in the league).


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Kyler Gordon, CB, Washington

Why no offensive linemen here? Because the Bengals shouldn’t force it to try to fill their biggest need. In this scenario, I didn’t have another lineman with a Round 1 grade; Daniel Faalele (Minnesota) and Tyler Smith (Tulsa) are more likely to go in the first 15 picks in the second round. Cincinnati, which has salary-cap space, could also address the position in free agency.

Instead I went with a corner in Gordon who has the length and physical traits to be a No. 1 guy in the NFL. He had two interceptions last season and showed some high-end coverage traits.


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Matt Corral, QB, Ole Miss

Let’s end this mock draft with another quarterback, because I’m not convinced Jared Goff will be Detroit’s long-term signal-caller. Corral could be, though, and in this scenario he could get time to learn behind Goff in 2022, when the Lions almost certainly won’t be contending in the NFC North. Yes, they have several needs, but if they can get a quarterback with a fifth-year option, they could continue the positive momentum of their rebuild.

Corral took a step forward in 2021, throwing 20 touchdown passes and just five picks. He’s a dual-threat quarterback who can beat teams with his legs, but he ran an RPO-centric offense at Ole Miss, and he’s going to need to learn how to adapt in the NFL. He can spin the football, though. Corral won’t work out for NFL teams at the combine, which means all eyes will be on his pro day in late March.

NFL mock draft 2022 – Mel Kiper’s predictions for all 32 first-round picks, with two trade projections and a new No. 1 Read More »

Here are all the companies that have taken action in the Russia-Ukraine war so far

All eyes are on Russia this week as a growing package of Western financial sanctions deals a heavier-than-expected blow to the country’s economy, sparking decades of efforts by President Vladimir Putin to make the system resilient to sanctions.

To contribute to the economic shock, Corporate America and a growing number of multinational companies have joined in protesting Moscow’s military attack on Ukraine, cutting off business with Russia or taking a stand in support of Ukrainian refugees.

US and European measures, including a move to block some Russian banks from the SWIFT payment network and sanctions against Russia’s central bank, have already pushed the ruble down more than 30% and left the Moscow Stock Exchange closed on Monday. There is a sharp economic downturn, with JPMorgan warning that the country is ready to enter a recession.

The more punitive reports from multinational companies expected next week are likely to further undermine Russia’s economic picture and the way of life of its citizens.

The consequences for Russia’s financial system, even at an early stage and still growing, have already proved so consistent that Deutsche Bank strategist Jim Reed has described recent events as a “financial war”.

JPMorgan was the first Wall Street bank to pledge on the economic consequences for Russia that could follow, believing that the country’s economy could shrink by 20% quarter on quarter, saar [seasonal adjusted annualized rate]in the second quarter and about 3.5% for the year.

“These sanctions will almost certainly have an impact on the Russian economy, which now appears to be on the verge of a deep recession and the imposition of capital controls,” the JPMorgan team said.

Here is the first round of action from many big-name companies that have begun to flow in recent days:

General Motors

General Motors (GM) has said it will temporarily suspend car exports to Russia in response to its invasion of Ukraine. The Detroit-based company sells about 3,000 cars in Russia and has no factories based in the country.

“Our thoughts are with the people of Ukraine at the moment,” GM said in a statement. “The loss of life is a tragedy and our main concern is the safety of the people in the region.”

Disney

Walt Disney (DIS) has stopped filming in Russia and said it was working to provide humanitarian aid to Ukrainian refugees fleeing the country. Disney issued the following statement:

“Given the unprovoked invasion of Ukraine and the tragic humanitarian crisis, we are suspending the release of theatrical films in Russia, including Pixar’s forthcoming Turning Red. We will make future business decisions based on the evolving situation. In the meantime, given the scale of the emerging refugee crisis, we are working with our NGO partners to provide emergency and other humanitarian assistance to refugees.

Shell

Shell (SHEL) has said it will abandon all Russian operations, including its partnership with Russian energy conglomerate Gazprom.

“We are shocked by the loss of human lives in Ukraine, which we regret as a result of a senseless act of military aggression that threatens European security,” Executive Director Ben van Beurden said in a statement.

Dell

Dell Technologies (DELL) confirmed to Yahoo Finance that it has stopped selling products in Ukraine and Russia, providing the following statement:

“Our thoughts are with those families who have lost loved ones and all those affected. Our main priority at the moment is to support the members of the Ukrainian team as they try to move to a safe and secure environment. We closely monitor this situation and work with employees to deal with their personal or family situations. We stopped selling products in Ukraine and Russia. We will continue to monitor the situation closely to determine our next steps. “

The goal

Meta (FB), a parent of Facebook, banned ads from Russian state media on his website. The company also said it was in contact with the Ukrainian government and restricted access to several accounts in the country owned by Russian state media organizations at the request of officials.

“We remain vigilant of emerging trends and are ready to take further action to meet the demands of this ongoing conflict,” the company said.

Twitter

Twitter (TWTR) temporarily paused ads in Ukraine and Russia “To ensure that critical public safety information is increased and not distracted by advertisements.”

Google

Google (GOOG, GOOGL) of Alphabet Inc. ban Russian state media RT and other channels from collecting money for ads on their websites, apps and YouTube videos.

Delta Air Lines

Delta (DAL) has terminated its alliance with the leading Russian airline Aeroflot. The company withdrew its code from the services operated by Aeroflot outside Moscow’s Sheremetyevo Airport and the code from Aeroflot from the services operated by Delta from Los Angeles and New York-JFK.

Tesla, SpaceX

At the request of Deputy Prime Minister and Minister of Digital Transformation of Ukraine Mykhailo Fedorov, Tesla CEO Elon Musk said that Starlink, the Internet service offered by SpaceX, is active in Ukraine. with “more terminals on the way”. A Polish resident also posted an e-mail on Twitter stating that the electric car maker had made Superchargers in Poland, Slovakia and Hungary free to help Ukrainians trying to escape the war. Tesla did not immediately respond to Yahoo Finance’s request for more information.

Fedex, UPS

Transport giants FedEx (FDX) and UPS (UPS) have stopped deliveries to Russia.

BP

BP (BP) is selling its 19.75% stake in Russian-controlled oil company Rosneft. This move will come with a huge fee of $ 25 billion. BP has been doing business in Russia for three decades.

Intel, AMD

Intel (INTC) and AMD (AMD) have reportedly cut off chip supplies to Russia. An AMD spokesman was unable to comment on the report to Yahoo Finance. An Intel spokesman did not immediately return Yahoo Finance’s request for comment.

Airbnb

The Airbnb housing rental platform (ABNB) has promised to provide free, short-term housing for some 100,000 Ukrainian refugees fleeing the country.

Etsy

Etsy (ETSY), an online marketplace focused on handmade or vintage items, said it would cancel all balances – about $ 4 million in registration, transactions and other fees – owed by Ukrainian sellers on its platform.

HSBC

The British bank HSBC (HSBC) is expected to abandon its relations with a number of Russian banks, including the second largest, VTB, according to a Reuters report, citing an internal note.

NYSE, Nasdaq

Nasdaq Inc. and the New York Stock Exchange have suspended trading for Russian-based companies listed on their stock exchanges.

Brian Sosie is the editor – in – chief and a leader in Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and so on LinkedIn.

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

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Here are all the companies that have taken action in the Russia-Ukraine war so far Read More »

The list of foreign companies withdrawing from Russia continues to grow

(Bloomberg) – The invasion of Ukraine has caused a mass exodus of companies from Russia, attracting three decades of investment from Western and other foreign companies there since the collapse of the Soviet Union in 1991.

Most read by Bloomberg

The list of those who cut ties or reconsider their operations is growing by the hour as foreign governments tighten sanctions against Russia, close airspace to its planes and block some banks from SWIFT’s messaging system. With the fall of the ruble and the US ban on transactions with the Russian central bank, operating in Russia has become deeply problematic. Some companies have concluded that the risks, both reputational and financial, are too great to continue.

For some companies, the decision to leave Russia is the result of decades of lucrative, albeit sometimes heavy, investment. Foreign energy companies have been pouring money since the 1990s. Russia’s largest foreign investor, BP Plc, said in a surprise announcement Sunday that it would abandon its 20 percent stake in the state-controlled Rosneft move, which could lead to a write-off of $ 25 billion and a reduction in global oil and gas production. by one third.

The pledge is the product of a protracted battle in 2012 to control TNK-BP, a joint venture between the oil giant and a group of billionaires. It is now being considered whether to sell its stake back to Rosneft, according to people familiar with the matter.

Read more: Big oil goes to Russia decades later

Shell Plc followed on Monday. Citing Russia’s “senseless act of military aggression,” she said she was ending partnerships with state-controlled Gazprom, including the Sakhalin II liquefied natural gas facility and his involvement in the Nord Stream 2 pipeline project, which Germany is blocking. last week. Both projects are worth about $ 3 billion. Kwasi Kwarteng, the UK’s business secretary, met with Shell CEO Ben van Beurden on Monday to discuss the company’s involvement and welcomed the move.

“Shell made the right call,” he tweeted. “British companies now have a strong moral imperative to isolate Russia. This invasion must be a strategic failure for Putin.

Equinor ASA, Norway’s largest energy company and majority state-owned, has also announced it will begin withdrawing from its $ 1.2 billion joint venture in Russia. “In the current situation, we consider our position untenable,” said CEO Anders Opedahl.

France’s TotalEnergies SE, which is involved in major liquefied natural gas projects in Russia, has said it will no longer provide capital for new developments in the country, a modest concession to growing political pressure. Among other major energy companies, Exxon Mobil Corp. oversees the Sakhalin-1 project with Rosneft and companies from Japan and India.

“I wouldn’t be surprised to see more reports of outings,” said Alan Good, a sector strategist at Morningstar.

When the Soviet Union collapsed, foreign companies saw huge opportunities – a huge new market of millions of consumers, as well as minerals and oil – and poured in to buy, sell and partner with Russian companies.

With Russia’s invasion of neighboring Ukraine, this trend has stopped. The Norwegian Sovereign Wealth Fund, the world’s largest, has said it is freezing about $ 2.8 billion in Russian assets and will come up with a plan by March 15.

Large law and accounting firms are also taking stock and facing potentially huge consequences. Baker McKenzie has said he will sever ties with several Russian clients to enforce sanctions. Clients of the Chicago-based firm include Russia’s finance ministry and VTB, Russia’s second-largest bank, which has been affected by asset freezes and sanctions from the United States, the United Kingdom and the European Union. The law firm said Monday it was reviewing its operations in Russia.

“We do not comment on the details of specific customer relationships, but in some cases this will mean a complete exit from the relationship,” said Baker spokesman McKenzie.

The London-based Linklaters said in a statement that it was “reviewing the entire work of the company related to Russia”. KPMG LLP has said it will sever ties with some clients subject to the recent wave of sanctions against Russia, according to a LinkedIn publication by its UK chief Jonathan Holt.

London companies

Some of London’s largest law firms – including Allen & Overy and Clifford Chance – either did not respond to inquiries about working with their Russian clients or declined to comment. The courts in London have long been a battleground for wealthy Russians seeking to resolve disputes over failed business deals and failed marriages. British judges promise a justice system that allows even suspicious money, a fair hearing in case of disputes.

Other companies have been criticized for not getting out completely. McKinsey & Co.’s global managing partner. Bob Sternfels turned to LinkedIn on Sunday to condemn Russia’s invasion of Ukraine and said the company would no longer do business with any government entity in Russia. But he did not withdraw. For some inside and outside the company, his move was insufficient.

The top executive of the consulting company in Ukraine called on companies to go further and start, where possible, to close “offices and retail outlets” in Russia, where McKinsey has been operating for nearly 30 years.

Pressure on others through sales and joint ventures in Russia is growing. Daimler Truck Holding AG, one of the world’s largest manufacturers of commercial vehicles, has said it will suspend operations in Russia until further notice and may reconsider ties with a local partner in the Kamaz PJSC joint venture. Labor officials said they “considered it appropriate” for the world’s largest truck manufacturer to also unload its shares in Kamaz, according to an email from the company’s works council.

Volvo Car AB and Volvo AB, a truck manufacturer, have also announced they are suspending sales and production in Russia. Harley-Davidson Inc. said it had shut down its business in Russia, which, along with the rest of Europe and the Middle East, accounted for 31% of motorcycle sales last year.

General Motors Co. said it was suspending supplies to Russia, citing “a number of external factors, including supply chain problems and other issues beyond the company’s control”. GM exports about 3,000 cars a year to Russia from the United States. In Japan, most major carmakers have said business with Russia will remain as it is, although Mitsubishi Motors Corp. said he would meet to assess the risk of his activities there.

Others see their share prices falling. French carmaker Renault SA fell 12 percent on Monday; Russia is the second largest market and its subsidiary AvtoVAZ, where Renault has a 68% stake, produces Lada cars, which own about a fifth of the Russian market. Renault also manufactures Kaptur, Duster and other vehicles at its own plant in Moscow.

Ford Motor Co. said it did not plan to withdraw from its joint venture in Russia with Sollers for the production of commercial vans, at least for now. “Our current interest is entirely in the safety and well-being of the people of Ukraine and the surrounding region,” Ford said in a statement. “We will not speculate on the consequences for business.”

Mastercard Inc. and Visa Inc. said they had blocked certain Russian activity from their payment networks in order to comply with international sanctions.

Banned from football

In a move that will resonate far beyond the business community, the world football organization FIFA and the European body UEFA have banned Russian teams from participating in the games. “Football is fully united here and in full solidarity with all the people affected in Ukraine,” a joint statement said. The entertainment world has also reacted, with Sony Pictures halting the release of new films in Russia, according to Nikkei, which quoted the company as saying.

The boycott of one of Russia’s most iconic products, vodka, is also gaining momentum, with at least three US governors ordering the removal of Russian-made or branded spirits from stores. One of New Zealand’s largest liquor chains has taken thousands of bottles of Russian vodka out of storage, filling empty shelves with Ukrainian flags.

Mark McNami, a European director at the consulting firm FrontierView, was in Moscow two weeks ago to talk to executives about the potential consequences of the invasion. Many rejected the worst-case scenarios, he said, meaning they were not necessarily prepared for what had happened.

Many corporations will have difficulty supporting local operations due to the SWIFT ban and capital controls, he said. Firms in the energy or raw materials sector, or those selling to the Russian government, will face the potential risk of being perceived as “profitable from the war.”

Consumer goods companies with large-scale operations and local production in Russia cannot easily get away with it, even if they want to, but they are facing financial turmoil. Prior to last week’s invasion, Danone SA, which runs Russia’s largest dairy business and has been operating in Ukraine for more than 20 years, said it was introducing additional preparation plans for each military escalation.

Chief Financial Officer Jürgen Esser said the company was trying to buy more local ingredients for its products from both markets, where most raw materials are already local. Danone entered the Russian market three decades ago. The country accounts for about 5% of the company’s net sales, and Ukraine – less than 1%.

Carlsberg A / S is the largest brewery in Russia through its ownership of Baltika Breweries. Most of Baltika’s supply, production and customers are based in the country, which limits the direct impact of many sanctions, a Carlsberg spokeswoman said. The company has limited exports from and imports to Russia, where Carlsberg employs 8,400 people, but it is currently not possible to assess the full extent of the direct or indirect effects of the sanctions, she said. It employs 1,300 workers in Ukraine, where it shut down its breweries last week and sent workers home.

Foreign companies could face repulsion from the Russian government, which could encourage boycotts or, in extreme cases, take measures to seize assets, McNami said.

“If you have iconic brands from Italy, Germany, the United Kingdom and America, you are ready for revenge from the Russian government,” he said.

(Updates with Visa, MasterCard. An earlier update corrects a reference to Coca-Cola HBC’s operations in Ukraine.)

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The list of foreign companies withdrawing from Russia continues to grow Read More »

Maxim Chmerkovsky is trying to leave Ukraine after his arrest

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Photo: Rodin Eckenroth / Getty Images

Former Dancing with the stars Pro Maxim Chmerkovsky said he had been arrested in the Ukrainian capital and was now trying to leave the country amid the ongoing Russian invasion. “There are a lot of fights everywhere, the streets are crazy,” he said in a 5-minute Instagram video. “At one point I was arrested like a foot from here. But again, all good, I promise … This was probably the least traumatic moment in all this work as far as Ukraine is concerned. He described the experience as a “crazy reality test”, adding that he was not mentally able to unpack. The dancer and choreographer then added that he had decided to head to the border, probably given the Polish-Ukrainian border, where thousands had fled. “I have options,” Cmerkowski said. “My options are better than most people’s, unfortunately. I’m just a little nervous to be honest with you, but I think he’ll be fine. ” About nine hours later, he shared a travel update on his Instagram history. “I succeeded on the train,” he wrote. “We’re heading to Warsaw (I hope)”

Chmerkovski regularly shares videos and updates on Instagram as the situation in his home country deteriorates. “It really feels like it was when and why we left in the 1990s,” he wrote in a February 24 post. “Like my old post-traumatic stress, which I finally fixed, it’s back.” In his latest video, Chmerkovsky asked his followers not to panic if he disappeared from social media for a while. He explained that he was currently in contact mainly with his wife, Peta Murgatroyd. DWTS alum), brother and parents. He closed the video, calling any “unfair treatment” at the border “inhuman.” African students are reportedly facing discrimination as they try to leave Ukraine. “People are fleeing conflict, war,” Cmerkowski said. “Treat everyone equally. I love you all and will keep you posted. ”

Maxim Chmerkovsky is trying to leave Ukraine after his arrest Read More »

Miguel Rojas of the Marlins begins talking about leaving Derek Jeter

Derek Jeter’s Hall of Fame announcement that he is stepping down as CEO of Marlins surprised most of the baseball world on Monday. Among those caught unprepared? Miguel Rojas in Miami.

Rojas, the current Marlin with the longest term, spoke to Chris Rose of Jomboy Media after the news of Jeter’s departure and expressed gratitude for some of the moves the club has made this off-season, then admitted that he had not seen Jeter leave.

“I am disappointed that I will no longer have Derek Jeter on my team,” Rojas said. “When you have a relationship with someone like him – the first thing I remember is the things he said when he came in 2018. He offered me and the boys a plan … one of the things I have to take away from all this is the integrity of man. Derek Jeter’s integrity, on and off the field … I’m obviously disappointed I don’t have him anymore. “

Miguel Rojas of the Marlins begins talking about leaving Derek Jeter Read More »

Companies are avoiding Moscow also because Western sanctions are biting

Logo of the Shell service station on September 29, 2021 in Birmingham, United Kingdom.

Mike Kemp | In photos Getty Images

Russia’s invasion of Ukraine has sparked a rapidly growing list of companies avoiding Moscow, with companies struggling to sever ties as foreign governments tighten criminal economic sanctions.

Russia attacked Ukraine on several fronts on Tuesday, the sixth day of the war, with a 40-kilometer convoy of tanks and other vehicles threatening the capital, Kyiv. However, President Vladimir Putin’s troops continue to face fierce Ukrainian resistance.

The Kremlin has become increasingly isolated in recent days, with the United States and Western allies imposing an extraordinary set of measures that have led to a sharp fall in its currency.

The merger of Russia’s invasion of Ukraine and the ensuing flurry of Western sanctions sparked a massive corporate exodus from Moscow.

In an exceptional 24-hour period until Monday, European energy companies BP, Shell and Equinor announced plans to close joint ventures in Russia.

“We are shocked by the loss of human lives in Ukraine, which we regret as a result of a senseless act of military aggression that threatens European security,” Shell CEO Ben van Beurden said on Monday.

Equinor President and CEO Anders Opedale said on Monday that the company had decided to suspend new investments in Russia because its position had become “unsustainable”.

BP chairman Helge Lund said on Sunday that Russia’s military action was a “fundamental change” and the company’s 19.75% stake in Russian-controlled oil company Rosneft “simply cannot continue”.

What are the limits of economic separation now? [the] West?

Nigel Gould-Davis

Senior Research Fellow for Russia and Eurasia at the International Institute for Strategic Studies

“This is amazing,” Nigel Gould-Davis, a senior fellow with Russia and Eurasia at the International Institute for Strategic Studies, said on Twitter shortly after Shell announced he would leave all of his Russian operations.

“What are the limits of economic separation now?” [the] West? ”Gould-Davis said.

The global bank HSBC, France’s Société Générale and South Korea’s Shinhan Bank have severed ties with a number of Russian banks, enforcing Western sanctions against the SWIFT interbank messaging system.

Swedish carmaker Volvo has said it will suspend supplies to Russia until further notice, while Germany’s Daimler Truck said on Monday it would immediately freeze its business in the country.

The world’s largest aircraft leasing company, AerCap, said on Monday it would end leasing operations with Russian airlines in compliance with applicable sanctions against Moscow.

Volvo badge and camera to help park the grille of a car at the Volvo Cars AB office in Stockholm, Sweden, on Thursday, August 19, 2021.

Mikael Söberg | Bloomberg | Getty Images

US payment card companies Visa and Mastercard have blocked a number of Russian financial institutions from their network following government sanctions over the Kremlin’s invasion of Ukraine.

The shipping giant Maersk said on Tuesday that it would temporarily suspend all container deliveries to and from Russia in response to Western sanctions, according to Reuters. The company has previously warned that it is considering a possible suspension of all bookings to and from Russia.

A Maersk spokesman was not immediately available for comment when he contacted CNBC.

Investors are also being withdrawn from Russian companies. The $ 1.3 trillion Norwegian state fund, the world’s largest, said on Sunday it would sell its Russian assets while the Australian sovereign wealth fund announced plans to liquidate Russian assets.

“History will judge them accordingly”

For some, the severance of ties with Russia marks the end of more than three decades of investment there since the collapse of the Soviet Union in 1991.

The situation in Ukraine has led many to conclude that the financial and reputational risks of continuing operations in Russia are now too great.

Speaking to Hadley Gamble of CNBC in an interview Monday, Ukrainian Foreign Minister Dmytro Kuleba called on all companies still doing business with Russia to sever ties immediately.

“The world will judge them accordingly. And history will judge them accordingly,” Kuleba said.

This comes with increasing pressure on companies that have not yet taken action. In the energy sector, for example, the French TotalEnergies and the American giant ExxonMobil are now the only remaining supermajors with significant drilling operations in Russia.

Asked about these two companies, Kuleba said: “I can call and invite them and all other businesses. If they want to save the peace, if they want to save the lives of civilians, they have to stop doing business with Russia. “

“Stop your business with Russia. If you have a moral basis, do it immediately, without any delay. Trade with Russia is financing aggression, killing civilians and destroying peaceful cities,” he added.

TotalEnergies on Tuesday condemned Russia’s military aggression against Ukraine and said it would no longer provide capital for new projects in Russia.

“TotalEnergies supports the scope and strength of the sanctions imposed by Europe and will apply them regardless of the consequences (which are currently being assessed) on its activities in Russia,” the company said.

An ExxonMobil spokesman was not immediately available for comment when he contacted CNBC.

Shell has said it will abandon all of its Russian operations, including Sakhalin’s leading liquefied natural gas plant, in which it owns a 27.5 percent stake – 50 percent owned and operated by Russian gas giant Gazprom. The company has also announced plans to end its involvement in the highly controversial Nord Stream 2 pipeline project.

– Matt Clinch of CNBC contributed to this report.

Companies are avoiding Moscow also because Western sanctions are biting Read More »

How sanctions against Russia affect the world economy

In just a few days, the global economic outlook darkened as troops fought in Ukraine and unexpectedly powerful financial sanctions shook the Russian economy and threatened to fuel global inflation.

The price of oil, natural gas and other commodities jumped on Monday. At the same time, the heavy burden on supply chains still operating in the pandemic increased as the United States, Europe and its allies tightened the screws on Russia’s financial transactions and froze hundreds of billions of dollars in central bank assets held abroad.

Russia has long been a relatively minor player in the world economy, accounting for only 1.7% of total world production, despite its huge energy exports. In recent years, President Vladimir Putin has undertaken further isolation by building a stockpile of foreign exchange reserves, reducing national debt and even banning the import of cheese and other foods from Europe.

But while Mr Putin has ignored a number of international norms, he cannot ignore the modern and vast financial system, which is largely controlled by governments and bankers outside his country. He has mobilized tens of thousands of his troops, and in response, Allied governments have mobilized their enormous financial power.

“Now it’s a gamble between a financial watch and a military watch, to evaporate the resources to wage war,” said Julia Friedlander, director of the Atlantic Council’s Economic Governance Initiative.

Together, invasion and sanctions bring a great deal of uncertainty and instability to economic decision-making, increasing the risk to the global perspective.

The sanctions were designed to avoid disrupting the main energy exports that Europe relies on, in particular for heating homes, power plants and filling gas tanks. This has helped reduce, but not erase, the rise in energy prices caused by the war and worries about disruptions in oil and gas supplies.

Concerns about shortages have also pushed up the prices of some cereals and metals, leading to higher costs for consumers and businesses. Russia and Ukraine are also major exporters of wheat and corn, as well as base metals such as palladium, aluminum and nickel, which are used in everything from mobile phones to cars.

Eye-catching transport costs are also expected to rise.

“We’ll see prices skyrocket for the ocean and air,” said Glenn Koepke, general manager of networking at FourKites, a supply chain consulting firm in Chicago. He warned that ocean tariffs could double or triple to $ 30,000 per container from $ 10,000 per container, and that air travel costs are expected to jump even higher.

Russia has closed its airspace to 36 countries, which means that ships will have to deviate to roundabouts, which makes them spend more on fuel and probably encourages them to reduce their cargo.

“We will also see a shortage of products,” Mr Koepke said. Although it is now a slower season, he said, “companies are increasing their volumes over the summer and this will have a big impact on our supply chain.”

In a stream of updates Monday, several Wall Street analysts and economists admitted they underestimated the extent of Russia’s invasion of Ukraine and the international response. With the rapid accumulation of events, estimates of potential economic consequences ranged from mild to severe.

Inflation was already a problem, reaching its highest level in the United States since the 1980s. Now questions about how much more inflation could rise – and how the Federal Reserve and other central banks are reacting – hung over every scenario.

“The Fed is in a box, inflation is 7.5 percent, but they know that raising interest rates will destroy markets,” said Desmond Lachman, a senior fellow at the American Institute of Entrepreneurship. “The choice of policy is not a good one, so I don’t see how happy it is.

Others were more cautious about the spillover effects given the isolation of the Russian economy.

Adam Posen, president of the Peterson Institute for International Economics, said there were unpleasant questions, especially in Europe, about what the conflict would mean for inflation – and whether it was a prospect of stagflation in which economic growth slows and prices rise rapidly.

But overall, he said, “the damage is likely to be small.”

This does not mean that there will be no severe pain spots. Mr Posen noted that a handful of banks in Europe could be affected by their exposure to Russia’s financial system and that Eastern European companies could lose access to money in the country.

Thousands of people fleeing Ukraine are also moving to neighboring countries such as Poland, Moldova and Romania, which could increase their spending.

Turkey’s economy, which is already struggling, is likely to suffer a blow. Oxford Economics lowered its forecast for Turkey’s annual growth by 0.4 percentage points to 2.1 percent due to rising energy prices, financial market disruptions and declining tourism.

In 2021, 19% of its visitors come from Russia and 8.3% from Ukraine. Inflation, which has peaked at nearly 50 percent in two decades, is now estimated at 60 percent, Oxford said.

In the United States, the chairman of the Biden Board of Economic Advisers, Cecilia Rose, said the biggest impact on the US economy since the war has been rising gas prices. “It definitely darkened the outlook,” she told a forum in Washington.

Gasoline prices are about a dollar higher than a year ago, with a national average of $ 3.61 a gallon, according to the AAA.

Rising energy prices are hard on consumers, although they are good for producers – and the US economy has both.

Other oil-producing countries will also see revenue growth. And for Iran, which has been cut off from the global economy for years, demand for oil from other sources could help smooth talks to lift sanctions.

In the long run, the current conflict is likely to have an impact on the future budgetary decisions of several countries. German Chancellor Olaf Scholz has announced that he will increase military spending to 2 percent of his economic output.

“Defense spending has been steadily declining in the world since World War II,” Jim Reed, managing director of Deutsche Bank, said in a note Monday. Now, with this change in “geopolitical tectonic plates,” he said, priorities are changing and “those levels are likely to rise.”

In Russia, the central bank and government have taken a series of actions, including doubling key interest rates to 20 percent to boost the ruble’s attractiveness, banning people from transferring money abroad and closing the stock market to contain damage and reduce panic.

“What is happening right now is that we are looking at the breakdown of one of the largest economies on the planet,” said Karl Weinberg, chief economist at High Frequency Economics. “And from what I know about tactics, it’s a dangerous tactic.”

Peter C. Goodman and Jeanne Smialek contributed to the reporting.

How sanctions against Russia affect the world economy Read More »