The Iron Firewall Descends as Visa, Mastercard and PayPal Leave Russia

This episode is sponsored by Nexo.io, Arculus, FTX US and Cointelli.

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Today on “The Breakdown,” NLW looks at Russia’s increasing economic isolation. Visa, Mastercard and PayPal all announced their plans to stop servicing the country while Netflix and TikTok also restricted access, citing new “fake news” laws. Meanwhile, the world is grappling with higher prices of key Russian export commodities, such as oil and wheat.

See also: If Ever There Were a Time for Financial Freedom, It’s Now

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Obligated” by Daniele Musto. Image credit: Andrey Rudakov/Bloomberg via Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.