Sanctions force Russia’s largest diamond producer to cut production and lay off people – TsPD

Reduction of production and dismissal of personnel in the largest diamond mining company of Russia “Alrosa” is a consequence of anti-Russian sanctions. This was reported by the Center for Combating Disinformation, writes UNN.

Details

It is reported that layoffs have begun in the largest diamond mining company in the Russian Federation. The company’s management explains that it is cutting production, closing mines and laying off some staff due to a “deep crisis in the market” and promises to resume production as soon as “markets recover”.

This is another branch of Russian industry that is in deep crisis due to Western sanctions. At the same time, ru-propaganda continues to convince everyone that “sanctions do not work.” Although average Russians feel the exact opposite

The CPD adds that the reduction in diamond production in Russia is taking place against the background of a drop in production and layoffs in a number of industries, such as oil refining, paper production, coal mining, etc., which is a consequence of Western sanctions.

Let’s add

In December 2023, the G7 countries and the EU imposed sanctions on the import of Russian diamonds, which closed the main markets for Russians. In particular, Switzerland adopted further measures of the 14th package of EU sanctions against Russia. The changes include clarifying the ban on Russian diamonds and extending the terms of issuing permits for withdrawing investments from Russia.

The USA introduced sanctions against Gazprombank and the management of the Central Bank of the Russian Federation. Zelensky thanked November 21 2024, 17:57 • 33587 views