Russia bans export of tech, auto, agricultural, electrical equipment until end of 2022

As announced by the Russian government. The export bans will cover tech, telecoms, medical, auto, agricultural, and electrical equipment and will run until the end of 2022. No mention of the big one at least i.e. oil and gas related.

In total, there were 200 items included on the export suspension list, ranging from covered railway cars, containers, turbines, and other goods. Yeah, not exactly groundbreaking stuff but we'll have to see to gauge the real impact though on first glance it does seem rather light. As mentioned before in the last few days:

"As a share of global production, Russia produces ~45% of palladium, ~15% of platinum, ~9% of gold Gold Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Read this Term, ~5% of nickel, ~5% of wheat, and ~4% of aluminum."