₦airaland Forum

youngeagle:
Can't they convert it into a legal outfit and watch them closely, so we don't lose jobs

How? Company with no legal intent from d start.

Russia has implemented a new law making it harder for foreign aircraft leasing companies to repossess their planes in the face of Western sanctions.
The new law will allow foreign jets to be registered in Russia "to ensure the uninterrupted functioning of activities in the field of civil aviation".
Russian airlines have 515 jets leased from abroad worth about $10bn (£7.7bn).
Foreign owners have until 28 March to get them back from Russian companies before sanctions kick in.
The move comes after Bermuda and Ireland, where nearly all foreign-leased planes operating in Russia are registered, said they were suspending certificates of airworthiness for those aircraft.
The measure, signed into law by President Vladimir Putin, could circumvent that by bringing registration and certification of safety within Russia's borders and use the foreign aircraft to fly domestic routes across the vast country.
Since the invasion of Ukraine on 24 February, Western companies have been terminating leases and asking for planes to be returned.
The majority of international air routes out of Russia are not being flown and many countries, including the UK, have banned Russia's national airline Aeroflot from flying in their airspace.
Hundreds of foreign-owned aircraft remain in Russia. To comply with sanctions, leasing companies are trying to get them back. But that is looking highly unlikely.
If Russia does hang onto these aircraft - collectively worth billions of dollars - they will be able to continue flying, in Russia and a handful of former Soviet republics at least.
But it's one thing to steal aircraft, it's quite another to keep them operating for any length of time.
Airbus and Boeing cannot supply spare parts, so when something needs to be replaced it will have to be taken from another plane, or be manufactured by a third party.
That has serious safety implications. It will also make it virtually impossible to insure those planes outside Russia. Servicing is also a concern - many aircraft are flown elsewhere for maintenance.
And when the crisis is over there will be a huge bill to pay.
If aircraft are not maintained properly, their value will plummet. So even if lessors get them back, they will demand compensation.
International aviation is an international business, and you have to play by the rules.
Russia could decide to thumb its nose at the rest of the world now. But one day it will want to rejoin the club - and the conditions for rejoining could be very harsh.

Comradewhy:
Look don't bring your regular preaching about end time or whatsoever, because no one is going to take it Serious.
Tell Jesus to wake from his slumber,or is he high on meth?

Be careful what you wish for.

This only happens to those who are after impressing others. Spend pass your power because of club girl?

The future of European champions Chelsea is uncertain after sanctions were placed on Russian owner Roman Abramovich on Thursday.
The billionaire has been in charge since 2003 but had his attempts to sell the club halted by the UK government, which has frozen his assets.
What does it mean for Chelsea's fans, players and staff? BBC Sport explains how the situation will affect those associated with the club.
What exactly happened on Thursday?
Abramovich was sanctioned by the UK government as part of its response to Russia's invasion of Ukraine.
The government believes the billionaire has had a "close relationship for decades" with Russia's president Vladimir Putin, links Abramovich has always denied.
Like the rest of his assets, Chelsea would have been frozen but a special licence granted by the government allows the Stamford Bridge club to keep operating.
Can Chelsea continue to play games?
Yes.
The special licence issued by the government allows the men's and women's teams to fulfil their fixtures for the rest of this season as normal.
Chelsea's men won away at Norwich in the Premier League on Thursday while Chelsea's women were victorious at West Ham in the Women's Super League at the same time.
What does it mean for match-going fans?
Season-ticket holders will still be able to attend games at Stamford Bridge as normal, while match tickets sold before 10 March will be honoured.
But beyond that, supporters cannot buy any new tickets to watch Chelsea.
Tickets were due to go on sale for the FA Cup quarter-final tie at Middlesbrough on 19 March but a post on the club's official website on Thursday confirmed that would no longer happen as planned.
The club is also unable to sell any merchandise, with the club shop at Stamford Bridge closing on Thursday morning.
Can Chelsea sell season tickets for next year?
All the licence says is that anyone who purchased season tickets before 10 March, and makes payments in regular instalments, can "continue to make those payments".
No mention has been made about future seasons.
Can Chelsea keep paying staff wages in the short and mid-terms?
The government's special licence allows Chelsea to pay the wages of all employees, including players and coaching staff.
The licence is in place until 31 May, so covers the Blues for the rest of the season and the Treasury has the right to vary, revoke or suspend it at any time.
Do these sanctions mean they cannot transfer players in or out?
While the sanctions are in place, Chelsea are effectively under a transfer ban and are unable to buy or sell players.
They are also unable to negotiate new contracts for the players they currently own, so leaves an uncertain future for those whose current deals expire in the summer.
That applies to Antonio Rudiger, Cesar Azpilicueta, and Andreas Christensen, although the latter two have been linked with a move to Barcelona.
Rudiger was believed to be close to a new deal but current developments leave the defender in a limbo situation.
What about the future of Chelsea men and women head coaches?
It's the same situation for both Thomas Tuchel and Emma Hayes - nobody has any idea how this will affect them yet.
They have got contracts, no-one is saying they won't get paid. However, this is a time of great change. Does it make the club more vulnerable to an approach for either manager from a rival team? Things are likely to change significantly at the club.
Tuchel said the future was uncertain, though he was happy to remain as manager when giving his reaction to Thursday's developments after Chelsea's game at Norwich later on the same day.
Hayes, who has been at the club for a decade, signed a long-term contract in July and had her eye on chasing a first Champions League title with Chelsea.
She is extremely well supported within the club and has earned the respect from those high up, having won 10 major trophies during her time in charge.
Hayes was also among the exclusive list of trustees to whom Abramovich attempted to give 'stewardship' of Chelsea at the end of last month. Her commitment to the club has never been questioned so fans will no doubt be monitoring the situation cautiously.
Can Chelsea still be sold?
Chelsea were put up for sale on 2 March and there are understood to be plenty of interested parties, despite Abramovich being sanctioned.
The UK government is open to considering a further addition to the special licence to allow a sale to proceed.
Those working on the deal on behalf of Abramovich were always told that proceeds from the sale would go to a fund for victims of the war in Ukraine.
This was made clear when Abramovich put the club up for sale last week. It is understood that the £1.5bn loan from Abramovich will not be deducted from the price.
Abramovich had instructed American investment firm Raine Group to seek £3bn for the club, but finance experts believe that an already inflated price could drop further given the current uncertainty around Chelsea.
Raine Group has temporarily halted the sale process while it seeks answers from the government.
How quickly the club can be sold once a buyer has been found depends on the government receiving assurances that the proceeds would not go to Abramovich, but securing those assurances could take time.
What about Chelsea's participation in European competition?
All we've had from Uefa at this stage is that it is "seeking further clarification on the matter" before it comments further.
What Uefa is presumably trying to establish is what happens if Chelsea make it through to the quarter-finals of the Champions League, and can't sell any tickets.
If Chelsea get to the FA Cup semi-finals, will their section of the ground be empty?
Chelsea's men's side are away to Championship side Middlesbrough in the quarter-finals on 19 March (17:15 GMT).
If they win that then they will play at Wembley in the semi-finals on the weekend 16-17 April.
It is unclear at this stage how the the restrictions would impact FA Cup ticket sales if they progressed to Wembley.
Can Chelsea afford away travel, given the government budget?
The government has set a limit of £20,000 per team per match for travel to and from matches.
BBC Sport understands the club considers the £20,000 cap to be too low to allow it to operate normally, and this is a pressing matter given next week the men's team travel to Lille in the Champions League.
How much are Chelsea's sponsors worth and how have they reacted?
Within hours of the announcement that Abramovich had been sanctioned by the UK government, Chelsea' main shirt sponsors suspended their £40m-a-year deal with the club.
Mobile network provider Three had been Chelsea's official partner since 2020.
It is unclear whether any of Chelsea's other sponsorship deals are at risk at this stage.
In 2016, the London club signed a new kit deal with US sportswear giants Nike. At the time it was reported to be worth £60m a season for the next 15 years, but the club did not confirm any cash figures.
In May 2021, Chelsea named global hotel search platform Trivago as the club's official training wear partner in a multi-year partnership.
Chelsea also have a number of other official partners.
Could Chelsea go into administration?
If Chelsea are unable to pay their bills they could go into administration and face a nine-point deduction.
In the short term, it's to a large extent business as usual. Chelsea will be able to pay wages due at the end of March and will have other overheads.
Chelsea's wage bill is round about £28m a month. We don't know how much cash they have in the bank. The most recent accounts we have are from June 2021 when there was £16m in the bank. Abramovich has been injecting money into Chelsea on a regular basis over recent years and presumably that won't be able to continue.
The concern might be what happens if Chelsea's cash reserves are insufficient to pay their wage bill - but presumably the government and Premier League, who have been working on this, will have been looking at it to try to minimise disruption on a club level.

Okay.

[b]The US, UK and EU have announced that they will restrict Russian oil imports.
The move came after Russia warned it could cut off gas supplies to European countries if an oil ban were to go ahead.
What sanctions are there on Russian oil and gas?
The US has announced a complete ban on Russian oil, gas and coal imports, after Ukraine called for sanctions to be expanded.
The UK is to phase out Russian oil by the end of the year, and the EU is reducing its imports by two-thirds.
The UK government says this allows enough time for them to find alternative supplies.
Deputy Russian Prime Minister Alexander Novak has said rejecting Russian oil would lead to "catastrophic consequences for the global market".
Oil and gas prices have already risen sharply and could rise yet further if Russia halts exports.
How much oil does Russia export?
Russia is the third biggest producer of oil in the world, behind the US and Saudi Arabia.
Of about five million barrels of crude oil it exports each day, more than half of that goes to Europe.
The US is less reliant, with about 3% of its imported oil coming from Russia in 2020.
What about alternative oil supplies?
Ben McWilliams says it should be easier to find alternative oil suppliers than it is for gas, "as it's not so many pipelines. There are some coming from Russia but there's also a lot of shipments from elsewhere".
The US has been asking Saudi Arabia to increase its oil production, but it has rebuffed previous US requests to boost output in order to reduce oil prices.
Saudi Arabia is the biggest producer in Opec, the oil cartel which accounts for about 60% of the crude oil traded internationally. Because of this Opec has a key role in influencing oil prices.
Russia is not in Opec but has been working with it since 2017 to place limits on oil production, in order to maintain earnings for producers.
The US is also looking at relaxing Venezuela's oil sanctions. It used to be a key US oil supplier, but recently Venezuela has largely been selling its oil to China.
What would happen if Russian gas stopped flowing into Western Europe?
Heating prices - which are already high - would increase even more.
Russian gas accounts for about 40% of the EU's natural gas imports.
If this dried up, Italy and Germany would be especially vulnerable.
Europe could turn to existing gas exporters such Qatar - or Algeria and Nigeria, but there are practical obstacles to quickly expanding production.
Russia only provides about 5% of the UK's gas supplies, and the US doesn't import any Russian gas.
However, prices in the UK and US are still up significantly due to the knock-on effect of supply shortages.
Could alternatives to Russian gas be found?
Not very easily.
"It's harder to substitute gas because we have these big pipes that are taking Russian gas to Europe," says Ben McWilliams, an energy policy research analyst.
The think tank Bruegel predicts that if Russia were to stop gas supplies to Europe, then Europe could possibly import more liquefied natural gas (LNG) from the US.
It could also ramp up the use of other energy sources, but doing so is not quick or easy.
"Renewables take time to roll out so in the short term this is not a solution," says research analyst Simone Tagliapietra.
"So for next winter - what can make a difference is fuel switching such as opening up coal-fired power plants, as Italy and Germany have plans to do in case of an emergency."
The EU has proposed a plan to make Europe independent from Russian fossil fuels before 2030 - including measures to diversify gas supplies and replace gas in heating and power generation.
What could happen to my heating and fuel bills?
Consumers will face rising energy and fuel bills as a result of this war.
In the UK, household energy bills have been kept in check by an energy price cap.
But bills will rise by £700 to about £2,000 in April when the cap is increased. They are expected to reach about £3,000 when the cap is increased again this autumn.
UK petrol and diesel prices have also soared and petrol is expected to reach 175p a litre as the war continues.
In the US, petrol costs have reached their highest levels since 2008, with the American Automobile Association saying that pump prices had jumped by 11% over the past week.
"I think if we're in a world where Russian oil and gas stop flowing to Europe then we're going to need rationing-style measures," says McWilliams.
"Part of the conversation now is, can we tell households to turn their thermostats down one degree, which can save a significant chunk of gas."[/b]

The US and UK are banning Russian oil and the EU is ending its reliance on Russian gas, stepping up the economic response to the invasion of Ukraine.
US President Joe Biden said the move targeted "the main artery of Russia's economy".
Energy exports are a vital source of revenue for Russia but the move is also likely to impact Western consumers.
Major brands have meanwhile continued to pull out of Russia, with McDonald's and Coca-Cola the latest to leave.
Russia's economy is heavily dependent on energy. It is the world's third-biggest oil producer, behind Saudi Arabia and the US.
Before the measures were announced, Russia warned of "catastrophic" consequences for the global economy and said it might close its main gas pipeline to Germany.
The conflict has sent petrol prices to record highs in the US and the UK.
On the ground in Ukraine, civilians have been evacuated from two under-attack areas while the US has said up to 4,000 Russian troops may have been killed in the conflict.
President Biden's announcement followed pressure from both sides of the US political divide to do more to target the Russian economy.
"We're banning all imports of Russian oil and gas and energy," he said.
"That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to [President Vladimir] Putin."
Mr Biden admitted the move was "not without cost at home," adding the decision was taken "in close consultation" with allies.
In a similar move, the UK is to phase out Russian oil imports by the end of 2022.
The UK Prime Minister, Boris Johnson, accepted that the move would not hit Russia immediately but added "what it will do is add to the pressure we're already seeing on Russia and don't forget that the economic impact of the sanctions that the UK has led has been extreme".
About 8% of US oil and refined product imports come from Russia, while Russia makes up about 6% of the UK's oil imports.
By contrast, the EU is much more reliant on Russian energy, so the bloc's response stopped short of a ban.
The European Commission said it would switch to alternative supplies and expand clean energy faster to fill the shortfall, with the aim of making Europe independent from Russian fossil fuels "well before 2030".
"We're not standing here to say this is going to be in any way easy," said the European Commission's Vice-President Frans Timmermans.
"But I am also deeply convinced that even if it's not easy, even if it's very hard, it's something we need to do, because now it's also intimately linked to our security."
Russia later announced plans to ban the exports of certain commodities and raw materials. The details are still to be worked out, but Russia is a major exporter of grain and metals.
Even countries with low Russian energy imports are set to feel the impact as the measures are likely to boost already high wholesale prices. Inflation is soaring in the US, EU and the UK, adding to the pressure on households.
The move adds to a long list of economic sanctions imposed against Russia following its invasion of Ukraine - the central bank has had its assets frozen, some Russian banks have been cut off from global payment networks and Germany suspended the Nord Stream 2 pipeline, which would have transported more gas from Russia to Germany.
But energy sales have continued to provide a source of cash despite the other financial restrictions.

Obobs these sanctions....can Russia survive them. They are too much for just 1 nation.

Igbodicool:
North and West are truly the problem of Nigeria.

You don't know before now?

Russia is trying to recruit Syrian mercenaries to fight in Ukraine, a senior US defence official has said.

"We find that noteworthy that [Russian President Vladimir Putin] believes that he needs to rely on foreign fighters to supplement what is a very significant commitment of combat power inside Ukraine as it is," the official told reporters.

Russia launched a military campaign in support of Syria's President Bashar al-Assad in 2015 that has been crucial in turning the tide of the country's civil war in the government's favour.

On Monday, the Wall Street Journal cited US officials as saying the Russian military had in recent days been recruiting fighters from Syria, "hoping their expertise in urban combat can help take Kyiv".

The Syrian activist-run Deir Ezzor 24 news network reported last month Russia was offering Syrians in government-controlled areas salaries of between $200 (£152) and $300 (£229) to "go to Ukraine and operate as guards" for six months.

The senior US defence official said they were unable to provide an estimate on the number of Syrians who had been recruited already or whether a quota had been set.

I've been an introvert since secondary school days. At a time my classmates were were complaining to my seat-mates. I don't talk much, I don't make friends beyond the moment, I don't even like someone greeting me past once or twice a day. I like been indoors and doing my own things.....etc. most times I've tried to fight the lifestyle thinking maybe something was wrong with me, but I couldn't. I had peace when I found out there are other people like me with these same traits and more. I've decided to live with my myself, it's not intentional. It's normal being an introvert.

A true Legend. More grace-filled years and happiness to Chief Pete Edochie and family.

More than one million civilians have fled Ukraine because of the Russian invasion, according to the United Nations (UN).
The European Union (EU) says up to four million people may try to leave and that it will welcome refugees with "open arms".
Which countries are Ukraine's refugees fleeing to?
Refugees are crossing to neighbouring countries to the west, such as Poland, Romania, Slovakia, Hungary and Moldova. Smaller numbers have gone to Russia and Belarus.
The UN says that so far:
Poland has taken in 505,582 refugees
Hungary 139,686
Moldova 97,827
Slovakia 72,200
Romania 51,261
Russia 47,800
Belarus 357
Almost 90,000 people have moved on from these countries to others in Europe.
How are refugees leaving Ukraine?
Many people have waited up to 60 hours to cross into Poland, in freezing weather. Those entering Romania have waited up to 20 hours.
Many have not been able to board trains leaving Ukrainian cities.
Refugees are told they do not need documents, but should preferably have their internal or foreign passports, birth certificates of children travelling with them and medical documentation.
To get refugee status, they need to be Ukrainian citizens or people legally living in Ukraine, such as foreign students.
What help are countries providing?
In Poland and other countries bordering Ukraine, refugees can stay in reception centres if they do not have friends or relatives to stay with. They are given food and medical care.
Poland is also preparing a medical train to transport wounded Ukrainians.
Hungary and Romania are offering cash allowances for food and clothing. Children are being given places in local schools.
The Czech Republic will allow refugees to apply for a special type of visa in order to remain.
Poland and Slovakia have asked the EU for help providing for refugees. As a result, Greece and Germany are sending tents, blankets and masks to Slovakia, while France is sending medicine and other medical equipment to Poland.
The EU is preparing to grant Ukrainians who flee the war a blanket right to stay and work throughout the 27 nations for up to three years.
They would also receive social welfare and access to housing, medical treatment and schooling for children.
How is the UK helping Ukrainian refugees?
Prime Minister Boris Johnson says the UK could take in 200,000 Ukrainian refugees.
Businesses will also be able to sponsor a Ukrainian to come to the country. The Home Office is expected to outline more details shortly.
Ukrainians can apply for a family migration visa if they are an immediate family member of a British national who usually lives in Ukraine.
The Kyiv visa processing centre is currently closed but the office in the western city of Lviv is open, and people can also apply from centres in nearby countries.
How many Ukrainians are internally displaced?
The UN estimates says at least 160,000 people in Ukraine who have fled the war are displaced within their own country.
The EU believes that figure could climb to seven million, and that 18 million Ukrainians will be affected by the war.
The UN's High Commission for Refugees says it is trying to help internally displaced people, but the war is making it unsafe for aid workers.
The UN is preparing to deliver assistance in western Ukraine, where access is easier.

Ukraine's deputy prime minister says Nato is partially responsible for civilian deaths in the country by refusing to enforce a no-fly zone over Ukraine.
Olha Stefanishyna said "it is inhumane knowing that the civilian population and kids will be killed by not taking this decision".
"The blood of those civilians - including the mother and father of two kids who were born just yesterday and only today lost their parents in a shelling - is not only on Russian hands."
The Ukrainian deputy PM apologised for not being diplomatic in her choice of language, but said she was speaking while "sitting here in a bomb shelter".
Nato members have refused to establish a no-fly zone as they are worried it would escalate the conflict by putting Western forces into direct combat with Russian air power.

If my girlfriend like she puts me on social media or not, there's no way it's a must, no matter the commitments. Most times, boyfriends usually mistake themselves for a husband.

She's right. you're just a boyfriend bro. She's not yours yet. No big deal!

Kim Kardashian is a single woman once again after nearly eight years married to Ye, formerly known as Kanye West.
In a virtual court hearing on Wednesday, the reality star also officially and legally dropped "West" from her last name.
Kardashian, who filed for divorce from the rapper last year, made the request in December to become legally single.
The former couple must still resolve the division of property and custody of their four children.
Wednesday's ruling - granting Kardashian's request for a "bifurcated divorce" - means that divorce proceedings will be split in two parts: the first settling her legal name and marital status, now resolved, and the second part involving custody and financial assets.
In several sworn statements submitted since December, the 41-year-old beauty and television mogul said she "very much" desired the termination of her marriage.
"I believe that the court terminating our marital status will help Kanye to accept that our marital relationship is over," she wrote in a statement last month.
Ye, 44, who was not present for the hearing, had publicly fought the separation and appealed for Kardashian to return to their marriage.
At Wednesday's hearing, a lawyer for Ye pushed for an agreement from Kardashian to waive any marital privilege she might have with a subsequent spouse.
Kardashian and her lawyer called the move "unprecedented" and it was denied by the judge.
The former couple began dating in 2012 and married two years later.
Ye is one of the biggest names in rap music, known for global hits like Stronger, Jesus Walks and Gold Digger. He has also found success as a fashion designer.
Kardashian first found fame in 2007 as the star of reality TV show about her family, Keeping Up With The Kardashians, and has since launched fashion and beauty brands.

Did Ukraine president Zelensky chose to fight Russia? No he didn't. Russia attacked his territory and what do you expect of him? I guess he should sit n watch right?

Mightymanna:
They can only bully 'small' countries.
Ukrainian leader is a war monging JEW that will leads the country to destruction and run to Israel, no any president in his right senses will be fighting Russia without external backing not even UK, but instead of them to profer dialogue and reconciliation they are rather arming Ukraine and sanctioning Russia. None of them offer truce or any ceasefire only sanctioning except France

ivandragon:
Do you know that Ukraine is an independent country?

Ask him

"If I could leave Russia right now, I would. But I can't quit my job," says Andrey.
He can't afford to get a mortgage in Moscow now interest rates have been hiked.
Millions of Russians like him are starting to feel the effect of Western economic sanctions designed to punish the country for invading neighbouring Ukraine.
"I am planning to find new customers abroad asap and move out of Russia with the money I was saving for the first instalment," says the 31-year-old industrial designer.
"I am scared here - people have been arrested for speaking against 'the party line'. I feel ashamed and I didn't even vote for those in power."
Like other interviewees for this article we are not using his full name or showing his face for security reasons. Some names have been changed.
The sanctions now hitting Russia are being described as economic war - they aim to isolate the country and create a deep recession there. Western leaders hope the unprecedented measures will bring about a change in thinking in the Kremlin.
Ordinary Russians face seeing their savings wiped out. Their lives are already being disrupted.
The sanctions against some Russian banks include cutting them off from Visa and Mastercard, and consequently Apple Pay and Google Pay.
Daria, 35, a project manager in Moscow, said this meant he'd been unable to use the metro.
"I always pay with my phone but it simply didn't work. There were some other people with the same problem. It turned out that the barriers are operated by VTB bank which is under sanctions and cannot accept Google Pay and Apple Pay.
"I had to buy a metro card instead," he told the BBC. "I also couldn't pay in a shop today - for the same reason."
On Monday Russia more than doubled its interest rate to 20% in response to the sanctions after the rouble plunged to record new lows. The stock market remains closed amid fears of a massive share sell-off.
The Kremlin says it has enough resources to weather the sanctions, but this is debatable.
Over the weekend the central bank appealed for calm amid fears of a run on the banks, which happens when too many people try to withdraw money.
"There are no dollars, no roubles - nothing! Well, there are roubles but I am not interested in them," said Anton (name changed), who is in his late 20s and was queuing at an ATM in Moscow.
"I don't know what to do next. I am afraid we are turning into North Korea or Iran right now."
Buying foreign currency costs Russians about 50% more than it did a week ago - if they can get hold of it at all.
At the start of 2022 one dollar traded for about 75 roubles and a euro for 80. But the war has helped set new records - at one point on Monday a dollar cost 113 roubles and a euro, 127.
For Russians, the rouble-dollar rate has long been a sensitive issue.
In the 1990s following the collapse of the Soviet Union, the dollar was the only hard currency Russians kept their savings in - the safest bet was under the mattress.
When President Boris Yeltsin's government defaulted on its debt in 1998 those who'd been sleeping on their money felt vindicated.
However, over the following decade various central bank measures helped reassure Russians about the rouble. Deposits placed in Russian currency began to grow and so did the amount of money Russians invest in the stocks of Russian companies.
Nevertheless, any time there's uncertainty Russians always run to the nearest ATM to withdraw dollars.
It hasn't been different this time.
As soon as war was unleashed on Ukraine last week, Russians flocked to cashpoints, remembering lessons learnt in previous crises.
Ilya (name changed), who is in his early 30s, has just finished paying off his mortgage in Moscow. He says he is unable to relocate "any time soon".
"When the operation in Donbas started I went to the ATM and withdrew the savings I had in Sberbank in dollars. Now I literally keep them under my pillow.
"The rest of my savings are still in the banks: half in dollars and the rest in roubles. If things get worse, I'll withdraw the lot. I am scared because I expect a wave of burglaries. But it is what it is."
Images on social media have shown long queues forming at ATMs and money exchanges around the country in recent days, with people worried their bank cards may stop working or that limits will be placed on the amount of cash they can withdraw.
Dollars and euros began running out within a couple of hours of the invasion. Since then, very limited amounts of those currencies have been available and there is a cap on how many roubles you can withdraw.
Standing at one queue in Moscow, Evgeny (name changed), 45, said he wanted to withdraw money to pay off his mortgage.
"Everyone I know is anxious. Everyone is stressed. I have no doubt life will get worse. War is horrible.
"I think all the countries employ double standards and now 'big countries' are measuring each other's strengths, deciding which one is cooler. And everyone is suffering."
Marat, 35, said: "Today is the first day I decided to withdraw money, and did not experience any troubles. I withdrew roubles just in case.
"I am not great at forecasting but I suspect our life will get worse. Time will tell."
The cash problem is not limited to Moscow: people have been rushing around Perm, Kostroma, Belgorod and other provincial cities to get dollars or euros, BBC Russian reports.
An anonymous IT-specialist even created a Telegram bot that automatically requests if there are euros or dollars in the ATMS of Tinkoff, a popular private bank, and if so, shares the location with subscribers.
Many have been trying to pre-order cash via their banking apps, a feature of Russia's advanced banking system.
On Sunday evening, when sanctions against Russian central bank reserves were announced, you could still use an app to order a dollar for up to 140 roubles, and a euro for up to 150.
But by Monday customers of Russia's biggest state-backed bank, Sberbank, told BBC Russian they could not order cash via the app at all - they had to go to its office and sign a form to do so.
The banks deny there's a liquidity shortage - and analysts agree it is more likely the shortage of cash in ATMs reflects an attempt to prevent a run on the banks.
The Kremlin has said Russia expected these latest sanctions and is ready for them, although it has not said whether businesses will be given extra help, as they were during the pandemic.
But ordinary Russians, many of whom get their information from state-controlled television which repeats many of the Kremlin's lines, are expected to start noticing differences to their lives soon.
Already residents in Moscow are reporting some queues in food stores as people buy goods they think will be in short supply due to price rises or trade restrictions.
Russian companies could end up cutting hours or stopping production as sanctions bite. As well as their savings falling in value, many Russians are predicted to lose their jobs as the economy reels from being cut off from financial markets in the West.
For Russians this all brings back memories of what happened when President Putin annexed Crimea in 2014 and people queued for hours to get cash.
Currency offices had to hastily buy new five-digit exchange rate boards when the old ones ran out of space.
Back then a dollar normally cost 30-35 roubles - an unthinkable amount these days.

YeyeGbami:
America sabi carry another person problem for head sha. Anyway money is always available for war

The USA is the world power, remember? So they must have a role to play in every event calling for international concern. It's the US's responsibility.

No...but can there ever be peace again on Earth? I don't think so bro.

kunlesehan:
We want peace ... is that too much to ask for?

Joe Biden spent the first 15 minutes of his State of the Union address talking about Russia's invasion of Ukraine, an event that certainly has transfixed the world more than the latest twists and stumbles of his domestic legislative agenda.
Although Mr Biden's annual speech is billed as a message to Congress, his comments on Ukraine were tailored to four distinct audiences - with four distinct messages.
Here's a look at what he had to say and to whom.
To the Ukrainian people
Early in his speech, Mr Biden called out Ukrainian ambassador to the US Oksana Markarova, seated in the balcony next to Jill Biden and other distinguished guests.
"Thank you, thank you, thank you," he said, as members of Congress cheered.
The United States has already sent Ukraine military, economic and humanitarian aid. On Tuesday night, Mr Biden wanted to send a message that America cared about Ukraine's fate and stood by the embattled nation.
"From President Zelensky to every Ukrainian, their fearlessness, their courage, their determination inspires the world," he said.
Although Kyiv may be encircled by Russian tanks, his message was that more American help is on the way.
To Russia's leader
Mr Biden's message to Vladimir Putin was simple - the Russian president had "badly miscalculated". The economy pain that the US and Europe had imposed on Russia for its invasion was just beginning. The rouble was crashing, the Russian stock market was in free-fall, Russian oligarchs would have their "ill-begotten gains" confiscated, and Russia was losing access to key technologies.
There was another message to Russia beyond one of economic pain, however. He also emphasised that the US and its allies would fight to defend "every inch of territory of Nato countries".
Mr Putin has put his nuclear forces on elevated alert and warned of devastating consequences if any nation intervened in Ukraine. Mr Biden's message was to spell out, lest there be any doubt, when and where America itself would fight.
To Europe
The US and its European allies have been in remarkable lockstep as they imposed sanctions on Russia and offered military aid to Ukraine. Time and time again during his speech, Mr Biden celebrated this fact.
"He thought the West and Nato wouldn't respond," the president said. "Putin was wrong. We were ready."
Mr Putin may have got that impression from the chaotic withdrawal from Afghanistan, which sparked criticism directed at Mr Biden for not consulting allies. But this was a topic the US president notably avoided during his speech.
Mr Biden's emphasis on the key role Europe has played in the response to Russia's invasion may have been part of this administration's continued effort to soothe frayed relations.
Over the course of his presidency, Mr Biden has spoken repeatedly about what he sees as an era-defining global conflict between democracies and autocracies - and that it would take co-operation among the democracies of the world to prevail. It was a theme he touched on again on Tuesday.
"Democracies are rising to the moment," he said, "and the world is clearly choosing the side of peace and security."
To the American people
A public opinion survey released earlier on Tuesday showed that a majority of Americans were most interested in hearing what Mr Biden had to say about the conflict in Ukraine. Biden's message was that the global unity of response - from Asia to Latin America to Europe and even Switzerland - was a testament to his administration's efforts.
"American diplomacy matters," he said. "American resolve matters."
One of Mr Biden's campaign pledges was to restore US standing in the world and rebuild strained relations with allies after the tumultuous Trump years. This, he implied, were tangible results of that effort, coming when the stakes were at their highest.
Mr Biden also had a message to Americans we may be concerned that the possibility that US soldiers would be at risk in the Ukrainian conflict. While he spelled out US obligations to Nato allies, his message about what the US would do in Ukraine was also direct, that US forces "are not engaged and will not engage in conflict with Russian forces in Ukraine".
Finally, Mr Biden had to address what is sure to be the increased economic hardship that Americans will bear because of the conflict in Ukraine - hardships added to those already caused by the Covid-19 pandemic and ones that may come at political price for a president whose standing with the US public is already weak.
He said that the US will attempt to craft its sanctions to target the Russian economy, but that costs for the rest of the world were unavoidable. He announced that the US will release 30 million barrels of oil from its strategic reserve, but that move is more symbolic than it is likely to blunt the rising price of gas for American consumers.
"I know the news about what's happening can seem alarming," he said, "but I want you to know that we are going to be OK."
That may be the most important message for Mr Biden's political fortunes. If the American public doesn't feel OK, the president and his party may bear the consequences in November's mid-term elections.

A cargo ship that was carrying thousands of luxury cars has sunk off the Portuguese Azores archipelago, nearly two weeks after it caught fire.

The ship, named Felicity Ace, was transporting around 4,000 cars such as Porsches and Bentleys.
The vessel was on its way to Rhode Island in the United States from the German port of Emden when the fire broke out.
All of its crew members were evacuated when the fire broke out on February 16.
Joao Mendes Cabecas, the captain of the nearest port on the island of Faial, told Reuters that no oil leak had been reported so far but said there were fears the fuel tanks could be damaged while the vessel lies at the bottom of the Atlantic at a depth of around 3,500 metres (2.17 miles).
Portugal's navy said no one was hurt by the fire and that the 22 crew members were taken to a hotel after the navy, four merchant ships sailing in the area and the Portuguese Air Force completed the evacuation.
Volkswagen said the damage to the vehicles was covered by insurance which could cost around $155m (£116m) according to Reuters.
Bentley confirmed that 189 of its cars were onboard the ship and Porsche said it had about 1,100 of its models onboard.
One customer tweeted to say his Porsche was on board the abandoned ship.
Another tweeted that his had been reordered.

Wait wait....na Cameroon wan com invade Nigeria nw, abi na wetin? C see finish o!

Russia has moved from having 40% of its forces inside Ukraine to around 75%, a military academic says.
The 75% figure has also been cited by a senior US defence official.
Dr Jack Watling is a research fellow in land warfare and military sciences at the Royal United Services Institute.
He told BBC Radio 4's Today programme a large body of Russian troops is advancing south from Belarus and starting to set the conditions to be able to conduct an assault into Kyiv.
Asked about the suggestion that Russia has used grad missiles on residential areas in Kharkiv, he describes these weapons as multiple launch rocket systems which fire large numbers of unguided missiles into an area.
He says there's also evidence some of these many have contained cluster munitions.
"It's the fact that they're unguided and you're putting huge amounts of high explosive into densely populated civilian area," he says.
The Ukrainian army is no longer functioning in military formations, but now in fairly fixed defending positions and becoming more and more part of the territorial defence and volunteer force that it is operating alongside, he says.

From last week I've not even seen any foreign-based russian player, play a football game for their team

In our series of letters from African writers, Nigerian novelist Adaobi Tricia Nwaubani looks at the growing frustration among the middle-class that is pushing people to leave her country.
A few years ago, my childhood friend moved back to Nigeria after being in the US for more than 20 years studying and working.
But, despite joining a successful corporation in Lagos, earning a decent salary, and living in the upmarket Lekki district, she was soon ready to pack up and return to America.
"People behave as if there's an award for being able to live in Nigeria," she told me. "Well, I'm not interested in receiving that award."
She was right that many of us who are able to thrive in Nigeria regard it as some sort of superpower.
When we travel abroad, fellow Nigerians who have fled home view us in awe as we lug our excess-baggage suitcases to the airport.
Surviving in Nigeria
They marvel that we are actually cheerfully returning to a country infamous for systemic frustrations, general lawlessness, and the miscellaneous trials and tribulations that are all in a day's existence here.
"I can't imagine how you survive in that country," they often say. "You're really strong."
But, these days, many more Nigerians seem to be deciding that they also are not interested in receiving any "awards" for sticking it out.
Seven out of 10 Nigerians are willing to leave their country if given the opportunity, according to a report published in 2021 by the Africa Polling Institute.
Back in 2019, the same poll showed that only 32% of Nigerians wanted to leave.
Most countries require a medical examination for Nigerians applying for long-stay or immigration visas.
In January 2022, the average waiting time for a three-minute tuberculosis X-ray at the International Organization of Migration (IOM) centre in Lagos was 10 hours, while the waiting time at the testing centre in the capital, Abuja, was six hours.
"We haven't seen this kind of influx of people before as we've been seeing since last year," an IOM doctor told me unofficially, so she cannot be named. "If it continues like this, we may be forced to reassess and make additional arrangements."
Not even the alarming Covid-19 news and data from the West could deter Nigerians.
Visa-processing centres around the country remained flooded with applicants at the height of the pandemic, and continue to see queues that often stretch outside the buildings.
Unlike in times past, when most people desperate to abandon Nigeria were the suffering masses with no jobs and no hope, the majority of those taking off now appear to be from among the comfortable middle-class.
To avoid alerting their current employers to their emigration plans or jeopardising the outcome of their visa applications, nobody I interviewed for this story was willing to be named.
"Those of us in the organised middle-class are the ones who have the most right to complain about this country," a human resources executive told me. "We pay taxes regularly so we are the ones funding the corrupt people at the top."
Conditions in the country have steadily worsened in recent years, and people have different reasons why they are now keen to leave.
Some have simply lost faith in Nigeria. They cannot imagine the present government or any future one successfully navigating the country away from the quagmire of corruption and insecurity and regression.
Some are alarmed by the plummeting value of the naira currency.
One US dollar was equivalent to 198 naira when President Muhammadu Buhari came to power seven years ago. Today, you need 572 naira to buy a dollar on the black market.
"I could be there thinking that I'm earning a good salary," a bank manager told me. "But as long as it is in naira, whatever savings I accumulate, no matter how much, could mean nothing tomorrow."
Some feel that establishing roots in a Western country is psychologically calming, even if you decide to return to Nigeria in the future.
"Nigeria is easier to bear when you know that you can press the eject button and leave whenever you want," a lawyer told me. "The problem is when you feel that you are stuck here."
Some are simply in search of greener pastures, like the thousands of Nigerian doctors and nurses who are being lured abroad by the assurance of superior pay.
Some want their children to grow up in more stable societies.
Some dread falling severely ill in a country with such poor medical facilities.
Some are worried about the rising insecurity, kidnappings, assassinations, armed robberies and other violent attacks by unknown criminals who are rarely apprehended.
It doesn't matter that these dreams of a better life may not necessarily materialise in foreign countries that often offer up their own challenges. For many emigrants, no devil they don't know can ever be worse than the ones in Nigeria they know so well.
A popular means of escape is student visas for postgraduate degrees, which can open up the opportunity to work and stay in the foreign country at the conclusion of the course.
Back in the early 1980s when the Nigerian economy began to crumble, so severe was the surge of emigrants that the government of General Buhari, as he was known when he was the military ruler, invested in TV and radio adverts encouraging people to stay home and build their country.
In one immensely popular TV promotion, a man called Andrew was pushing his suitcase at the airport while reeling out his many frustrations with Nigeria.
"I'm checking out! I'm tired!" he declared.
Suddenly, a hand clamped on his shoulder from behind.
"Andrew! Don't check out!"
The patriotic Nigerian who stopped him then went on to infuse Andrew with words of hope about Nigeria's future and he repented of his intention to desert.
This time around, a democratically elected President Buhari appears unbothered about the flood of emigrants from his country.
"Anybody who thought he has any other country than Nigeria: Goodbye," he said in a 2019 speech.
"You can go but we are here. We are determined to rehabilitate our country, especially for our children and grandchildren."

Russian football clubs and national teams have been suspended from all competitions by Fifa and Uefa after the country's invasion of Ukraine.
The world and European football governing bodies said they would be banned "until further notice".
It means the Russian men's team will not play their World Cup play-off matches next month and the women's team have been banned from this summer's Euro 2022 competition.
Spartak Moscow have also been kicked out of the Europa League and their last-16 opponents RB Leipzig will advance to the quarter-finals.
Uefa has also ended its sponsorship with Russian energy giant Gazprom.
"Football is fully united here and in full solidarity with all the people affected in Ukraine," Fifa and Uefa said in a joint statement.
"Both presidents hope that the situation in Ukraine will improve significantly and rapidly so that football can again be a vector for unity and peace amongst people."
Fifa and Uefa decided to take action after Russia, supported by Belarus, launched a military invasion of neighbouring Ukraine last Thursday.
The Russian men's team had been scheduled to face Poland in a World Cup play-off semi-final on 24 March.
Russian football's governing body, the RFU, said it "categorically disagreed" with the decision and would challenge it "in accordance with international sports law". Spartak Moscow called the decision "upsetting", tweeting: "We believe that sport, even in the most difficult times, should aim to build bridges, and not burn them."
Fifa had previously ruled that Russia must complete their upcoming games in neutral territory, under the title Football Union of Russia, and without their flag and anthem.
However, the announcement drew criticism - and Scotland and the Republic of Ireland joined several other nations, including England, Northern Ireland and Wales, as well as Poland, the Czech Republic and Sweden, in refusing to play against Russia.
Russia are in Northern Ireland's European Under-21 Championship qualifying group and their meeting in March will be cancelled.
On Monday, Scottish FA president Rod Petrie wrote to his Ukrainian counterpart "to send a message of support, friendship and unity", with those two nations due to meet in their World Cup play-off semi-final on 24 March.
The 2022 Champions League final, originally due to be played in St Petersburg on 28 May, has been moved to Paris while numerous clubs have taken their own steps to disassociate themselves from Russia.
Manchester United has terminated its sponsorship deal with Russia's national airline Aeroflot while Bundesliga club Schalke has cancelled its partnership with main sponsor Gazprom, having last week removed the Russian energy company's logo from its shirts.
"I can't understand why it took them 24 hours to make this decision," said Jim Boyce, former Fifa vice-president and honorary life president of the Irish FA, speaking to BBC Radio Ulster.
"What is happening is absolutely deplorable. Quite honestly, every possible sanction that can be imposed on Russia at the minute has to be done. I applaud Fifa and I applaud Uefa for the decision that they have made today."
Speaking on Monday, Tottenham manager Antonio Conte said: "The whole world has to be compact and show [it is] solid against the stupidity of the people."
He added: "I think it's right to express our disappointment about the stupidity about some decisions. Football and Uefa has to be compact and to show to be strong."