Thursday morning news drop
No Ikea Shelves, No Levis: The Retail Exodus From Russia Is On Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations. (New York Times)
The Russian Elite Can’t Stand the Sanctions: The latest measures are far more effective than Western powers’ past efforts to target Russia’s elite. (The Atlantic)
The End of the Oligarch Era Nears With Putin’s Miscalculation in Ukraine Sanctions are punishing Russia’s wealthiest businesspeople—and the country’s leader—by bringing a cold, hard stop to 30 years of integration with the global economy. (Businessweek)
European natural gas imports This dataset aggregates daily data on European natural gas import flows and storage levels. Acute interest has developed in these indicators in response to soaring energy prices which are largely due to a tight natural gas market. The behaviour of Gazprom in using (or not using) specific supply routes and storage facilities has been the focus of public attention. (Bruegel)
Five lessons Taiwan is learning from the war in Ukraine Taiwan and Ukraine both have autocratic neighbors with an appetite for their land; people in Taiwan are hoping the similarities end there. (Grid)
China takes note: Cancellation of Mother Russia Is Underway Underway (New York Times)
What has (and hasn’t) changed for coal mining in Alberta As the province announces another about-face on coal policy, here are eight things that still haven’t changed when it comes to coal mining in Alberta’s Rockies (Narwhal)
Wilt Chamberlain’s 100-Point Game Changed the N.B.A. For the game’s 60th anniversary, two of Chamberlain’s teammates relived the night that was a touchstone for a transcendent athlete and the white-by-design N.B.A. (New York Times)
After Playing Magic Johnson, Quincy Isaiah Is Ready for the Big Leagues The star of HBO's Winning Time: The Rise of the Lakers Dynasty on how he prepped for the biggest role of his career. (GQ)